Vinci Compass Investments (NASDAQ:VINP) Insider Bruno Augusto Sacchi Zaremba Sells 3,568 Shares of Stock

Key Points

• Insider selling: Bruno Augusto Sacchi Zaremba sold 3,568 VINP shares for $38,249 under a pre-arranged Rule 10b5-1 plan, reducing his direct stake by 0.34% to 1,043,289 shares. He also sold 39,937 shares in three transactions from October 8–12.
• Stock and financial performance: VINP traded at $11.20, within a 12-month range of $9.13 to $13.61. Its latest quarterly results missed analyst expectations, with earnings of $0.19 per share versus $0.21 expected and revenue of $54.05 million versus $56.12 million estimated.
• Dividend and analyst outlook: The company pays a quarterly dividend of $0.17, equivalent to a 6.1% annualized yield, while its 97.14% payout ratio remains high. Analysts have a consensus “Hold” rating and an average price target of $14.00.

Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) insider Augusto Zaremba sold 3,568 shares of the stock in a transaction dated Wednesday, October 7th. The shares were sold at an average price of $10.72, for a total value of $38,248.96. Following the transaction, the insider directly owned 1,043,289 shares in the company, valued at approximately $11,184,058.08. This represents a 0.34% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed 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 Monday, October 12th, Augusto Zaremba sold 13,390 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.47, for a total value of $153,583.30.
• 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 value 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 value of $58,255.50.

Vinci Compass Investments Stock Performance

VINP stock traded down $0.30 during midday trading on Tuesday, hitting $11.20. 77,282 shares of the company traded hands, compared to its average volume of 71,803. Vinci Compass Investments Ltd. has a twelve month low of $9.13 and a twelve month high of $13.61. The company has a quick ratio of 3.58, a current ratio of 3.58 and a debt-to-equity ratio of 0.38. The business has a 50 day simple moving average of $9.71 and a 200-day simple moving average of $10.03. The stock has a market capitalization of $732.70 million, a price-to-earnings ratio of 15.33 and a beta of 0.26.

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

Vinci Compass Investments Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Tuesday, August 25th were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Tuesday, August 25th. This represents a $0.68 dividend on an annualized basis and a yield of 6.1%. Vinci Compass Investments's payout ratio is currently 97.14%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Public Employees Retirement System of Ohio acquired a new position in shares of Vinci Compass Investments during the second quarter worth approximately $54,000. Engineers Gate Manager LP boosted its position in shares of Vinci Compass Investments by 46.0% in the second quarter. Engineers Gate Manager LP now owns 16,279 shares of the company's stock valued at $158,000 after acquiring an additional 5,129 shares during the period. R Squared Ltd grew its stake in shares of Vinci Compass Investments by 6.4% in the first quarter. R Squared Ltd now owns 52,686 shares of the company's stock worth $556,000 after acquiring an additional 3,153 shares during the last quarter. Deltec Asset Management LLC grew its stake in shares of Vinci Compass Investments by 136.1% in the first quarter. Deltec Asset Management LLC now owns 59,934 shares of the company's stock worth $632,000 after acquiring an additional 34,553 shares during the last quarter. Finally, Renaissance Technologies LLC grew its stake in shares of Vinci Compass Investments by 12.2% in the first quarter. Renaissance Technologies LLC now owns 84,900 shares of the company's stock worth $896,000 after acquiring an additional 9,264 shares during the last quarter. 34.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

VINP has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. decreased their price target on shares of Vinci Compass Investments from $15.00 to $14.00 and set an "overweight" rating for the company in a report on Thursday, September 10th. Weiss Ratings lowered Vinci Compass Investments from a "hold (c)" rating to a "hold (c-)" rating in a research note on Thursday, October 8th. Finally, Zacks Research lowered 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 given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $14.00.

Vinci Compass Investments Company Profile

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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