Vinci Compass Investments (NASDAQ:VINP) Insider Sells $122,642.40 in Stock

Key Points

• Insider selling: Fernando Lovisotto sold 10,960 VINP shares for $122,642.40 under a pre-arranged Rule 10b5-1 plan, reducing his position by 1.21% to 897,470 shares. He also made multiple additional sales in October.
• Stock and earnings: VINP recently traded at $11.49, with a market capitalization of about $751.7 million. Its latest quarterly results missed estimates, reporting $0.19 EPS versus the $0.21 consensus and revenue of $54.05 million versus $56.12 million expected.
• Dividend and analyst outlook: The company pays a quarterly dividend of $0.17, equivalent to a 5.9% annualized yield, while analysts maintain an average “Hold” rating and a $14 price target; ratings range from Buy to Sell.

Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) insider Fernando Lovisotto sold 10,960 shares of the firm's stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $11.19, for a total transaction of $122,642.40. Following the sale, the insider directly owned 897,470 shares of the company's stock, valued at $10,042,689.30. This trade represents a 1.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 Thursday, October 22nd, Fernando Lovisotto sold 5,211 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.42, for a total transaction of $59,509.62.
• On Wednesday, October 21st, Fernando Lovisotto sold 2,853 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.28, for a total transaction of $32,181.84.
• On Monday, October 19th, Fernando Lovisotto sold 14,086 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.95, for a total transaction of $154,241.70.
• 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 transaction of $22,000.88.
• On Thursday, October 15th, Fernando Lovisotto sold 5,874 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.87, for a total transaction of $63,850.38.
• On Wednesday, October 14th, Fernando Lovisotto sold 5,511 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.87, for a total transaction 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 shares were 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 value of $47,260.20.

Vinci Compass Investments Stock Performance

Shares of VINP stock traded up $0.03 on Friday, reaching $11.49. The stock had a trading volume of 208,065 shares, compared to its average volume of 100,077. The stock has a market cap of $751.68 million, a P/E ratio of 16.41 and a beta of 0.26. Vinci Compass Investments Ltd. has a 1 year low of $9.13 and a 1 year high of $13.61. 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 company has a 50 day simple moving average of $9.92 and a 200 day simple moving average of $10.07.

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

Vinci Compass Investments Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Tuesday, August 25th were paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date was Tuesday, August 25th. Vinci Compass Investments's payout ratio is currently 97.14%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Zacks Research lowered shares of Vinci Compass Investments from a "hold" rating to a "strong sell" rating in a research report on Thursday, September 10th. Weiss Ratings lowered shares of Vinci Compass Investments from a "hold (c)" rating to a "hold (c-)" rating in a research report on Thursday, October 8th. Finally, JPMorgan Chase & Co. cut their target price on shares of 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. One 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's stock. Based on data from MarketBeat.com, Vinci Compass Investments currently has an average rating of "Hold" and an average price target of $14.00.

Institutional Investors Weigh In On Vinci Compass Investments

Hedge funds and other institutional investors have recently modified their holdings of the stock. Pension & Wealth Management Advisors Inc. raised its holdings in Vinci Compass Investments by 6.3% in 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 during the period. R Squared Ltd grew its holdings in Vinci Compass Investments by 6.4% during the first quarter. R Squared Ltd now owns 52,686 shares of the company's stock valued at $556,000 after purchasing an additional 3,153 shares during the period. Engineers Gate Manager LP grew its holdings in Vinci Compass Investments by 46.0% during the second quarter. Engineers Gate Manager LP now owns 16,279 shares of the company's stock valued at $158,000 after purchasing an additional 5,129 shares during the period. Public Employees Retirement System of Ohio purchased a new stake in Vinci Compass Investments in the second quarter worth about $54,000. Finally, Renaissance Technologies LLC increased its position in 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 buying an additional 9,264 shares in the last quarter. 34.07% of the stock is currently owned by hedge funds and other institutional investors.

About Vinci Compass Investments

Vinci Compass Investments Ltd. is an alternative investment platform focused on Latin America. The company manages capital for institutional investors, family offices, high-net-worth individuals and other clients through a range of public- and private-market strategies.

Its investment activities include private equity, infrastructure, real estate, private credit, hedge funds, equities, fixed income and other customized investment solutions. Through its Vinci and Compass businesses, the company provides asset management and advisory services designed to give clients access to opportunities across Brazil and other Latin American markets.

Vinci Partners, the company's principal operating business, was founded in Brazil in 2009.

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