Vinci Compass Investments (NASDAQ:VINP) Insider Bruno Augusto Sacchi Zaremba Sells 13,390 Shares of Stock

Key Points

• Insider selling: Bruno Augusto Sacchi Zaremba sold 13,390 VINP shares for approximately $153,583 under a Rule 10b5-1 plan, reducing his holdings by 1.32% to 1,003,352 shares. He also sold additional shares in three transactions earlier that week.
• Stock and financial performance: VINP traded at $11.20, with a market capitalization of about $732.7 million. Its latest quarterly results missed analyst expectations, with earnings per share of $0.19 versus $0.21 expected and revenue of $54.05 million versus $56.12 million expected.
• Dividend and analyst sentiment: The company pays a quarterly dividend of $0.17, equivalent to a 6.1% annualized yield, while analyst sentiment is mixed, resulting in an overall “Hold” rating and an average price target of $14.00.

Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) insider Augusto Zaremba sold 13,390 shares of the business's stock in a transaction dated Monday, October 12th. The shares were sold at an average price of $11.47, for a total value of $153,583.30. Following the sale, the insider directly owned 1,003,352 shares of the company's stock, valued at $11,508,447.44. This represents a 1.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Bruno Augusto Sacchi Zaremba also recently made the following trade(s):

• On Friday, October 9th, Augusto Zaremba sold 21,222 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.34, for a total transaction of $240,657.48.
• On Thursday, October 8th, Augusto Zaremba sold 5,325 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.94, for a total transaction of $58,255.50.
• On Wednesday, October 7th, Augusto Zaremba sold 3,568 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.72, for a total transaction of $38,248.96.

Vinci Compass Investments Price Performance

Shares of VINP traded down $0.30 during trading hours on Tuesday, reaching $11.20. 77,282 shares of the stock traded hands, compared to its average volume of 71,803. The company has a current ratio of 3.58, a quick ratio of 3.58 and a debt-to-equity ratio of 0.38. Vinci Compass Investments Ltd. has a 52-week low of $9.13 and a 52-week high of $13.61. The company's 50-day moving average price is $9.71 and its two-hundred day moving average price is $10.03. The company has a market cap of $732.70 million, a P/E ratio of 15.33 and a beta of 0.26.

Vinci Compass Investments (NASDAQ:VINP - Get Free Report) last issued its earnings results on Wednesday, August 12th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.02). Vinci Compass Investments had a return on equity of 12.65% and a net margin of 23.77%. The firm had revenue of $54.05 million during the quarter, compared to the consensus estimate of $56.12 million. On average, analysts anticipate that Vinci Compass Investments Ltd. will post 0.80 earnings per share for the current year.

Vinci Compass Investments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Tuesday, August 25th were given a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 6.1%. The ex-dividend date was Tuesday, August 25th. Vinci Compass Investments's payout ratio is presently 97.14%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Weiss Ratings lowered Vinci Compass Investments from a "hold (c)" rating to a "hold (c-)" rating in a research note on Thursday, October 8th. JPMorgan Chase & Co. cut their target price on Vinci Compass Investments from $15.00 to $14.00 and set an "overweight" rating for the company in a research report on Thursday, September 10th. Finally, Zacks Research downgraded Vinci Compass Investments from a "hold" rating to a "strong sell" rating in a research note on Thursday, September 10th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $14.00.

Hedge Funds Weigh In On Vinci Compass Investments

Several hedge funds have recently modified their holdings of the stock. Engineers Gate Manager LP boosted its position in shares of Vinci Compass Investments by 46.0% during the second quarter. Engineers Gate Manager LP now owns 16,279 shares of the company's stock worth $158,000 after acquiring an additional 5,129 shares during the last quarter. Public Employees Retirement System of Ohio bought a new stake in Vinci Compass Investments in the 2nd quarter valued at $54,000. Endure Capital Management LLC bought a new stake in Vinci Compass Investments in the 1st quarter valued at $3,531,000. Renaissance Technologies LLC increased its holdings in Vinci Compass Investments by 12.2% in the 1st quarter. Renaissance Technologies LLC now owns 84,900 shares of the company's stock valued at $896,000 after acquiring an additional 9,264 shares during the last quarter. Finally, SPX Gestao de Recursos Ltda lifted its stake in Vinci Compass Investments by 16.8% in the 1st quarter. SPX Gestao de Recursos Ltda now owns 4,672,173 shares of the company's stock worth $49,291,000 after purchasing an additional 671,448 shares in the last quarter. Hedge funds and other institutional investors own 34.07% of the company's stock.

About Vinci Compass Investments

Vinci Partners Investments Ltd. is an alternative investment platform focused primarily on Brazil and Latin America. The company provides investment management and advisory services to institutional investors, family offices, high-net-worth individuals and other clients through a range of private- and public-market strategies.

Its offerings have included private equity, infrastructure, real estate, private credit, hedge funds and public equities. Vinci also manages investment vehicles and provides related asset-management services designed to give clients access to Brazilian and other Latin American opportunities across multiple asset classes.

Founded in 2009, Vinci Partners is headquartered in Brazil and serves both domestic and international investors.

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