Vinci Compass Investments (NASDAQ:VINP) Insider Fernando Lovisotto Sells 5,874 Shares of Stock

Key Points

• Insider selling: Fernando Lovisotto sold 5,874 VINP shares for approximately $63,850 under a pre-arranged Rule 10b5-1 plan, reducing his ownership by 0.63% to 924,541 shares. He also reported multiple additional sales in October.
• Stock and dividend: VINP recently traded at $10.97, with a market capitalization of about $717.7 million. The company pays an annualized $0.68 dividend, representing a 6.2% yield, though its 97.14% payout ratio is high.
• Mixed outlook: The company missed quarterly revenue and EPS estimates, while analyst sentiment remains a consensus “Hold” with a $14 average price target; ratings range from Buy to Strong Sell.

Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) insider Fernando Lovisotto sold 5,874 shares of the stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $10.87, for a total value of $63,850.38. Following the sale, the insider directly owned 924,541 shares in the company, valued at approximately $10,049,760.67. This trade represents a 0.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Fernando Lovisotto also recently made the following trade(s):

• On Friday, October 16th, Fernando Lovisotto sold 2,024 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.87, for a total value of $22,000.88.
• On Wednesday, October 14th, Fernando Lovisotto sold 5,511 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.87, for a total value of $59,904.57.
• On Tuesday, October 13th, Fernando Lovisotto sold 4,864 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.19, for a total transaction of $54,428.16.
• On Friday, October 9th, Fernando Lovisotto sold 12,533 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.34, for a total transaction of $142,124.22.
• On Monday, October 12th, Fernando Lovisotto sold 8,988 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.47, for a total transaction of $103,092.36.
• On Thursday, October 8th, Fernando Lovisotto sold 4,316 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.95, for a total transaction of $47,260.20.
• On Wednesday, October 7th, Fernando Lovisotto sold 2,632 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.71, for a total transaction of $28,188.72.
• On Tuesday, October 6th, Fernando Lovisotto sold 5,245 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.73, for a total transaction of $56,278.85.
• On Monday, October 5th, Fernando Lovisotto sold 11,748 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.44, for a total transaction of $122,649.12.

Vinci Compass Investments Price Performance

Shares of Vinci Compass Investments stock traded up $0.04 on Monday, reaching $10.97. 402,821 shares of the stock were exchanged, compared to its average volume of 68,345. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.58 and a current ratio of 3.58. The firm has a market cap of $717.66 million, a PE ratio of 15.67 and a beta of 0.26. The firm's 50 day moving average is $9.80 and its 200-day moving average is $10.06. Vinci Compass Investments Ltd. has a one year low of $9.13 and a one year high of $13.61.

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

Vinci Compass Investments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Tuesday, August 25th were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date of this dividend was Tuesday, August 25th. Vinci Compass Investments's dividend payout ratio (DPR) is currently 97.14%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. JPMorgan Chase & Co. lowered their price target on 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 analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $14.00.

Hedge Funds Weigh In On Vinci Compass Investments

A number of institutional investors have recently added to or reduced their stakes in VINP. Pension & Wealth Management Advisors Inc. increased its position in Vinci Compass Investments by 6.3% during the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 42,565 shares of the company's stock worth $398,000 after purchasing an additional 2,541 shares in the last quarter. Engineers Gate Manager LP boosted its position in 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 buying an additional 5,129 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new stake in Vinci Compass Investments in the second quarter valued at approximately $54,000. Endure Capital Management LLC bought a new stake in shares of Vinci Compass Investments during the first quarter worth $3,531,000. Finally, Renaissance Technologies LLC grew its stake in shares of Vinci Compass Investments by 12.2% during the first quarter. Renaissance Technologies LLC now owns 84,900 shares of the company's stock worth $896,000 after buying an additional 9,264 shares during the last quarter. 34.07% of the stock is currently owned by institutional investors and hedge funds.

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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