Vinci Compass Investments (NASDAQ:VINP) Insider Sells 7,200 Shares of Company Stock

Key Points

• Insider selling: Augusto Zaremba sold 7,200 VINP shares for $78,408 under a Rule 10b5-1 plan, reducing his holdings by 0.72% to 989,099 shares. He also sold shares on each of the five preceding trading days.
• Financial performance: VINP traded at $10.95, with a market capitalization of approximately $716 million. Its latest quarterly EPS of $0.19 and revenue of $54.05 million both fell short of analyst estimates.
• Dividend and analyst sentiment: The company pays a quarterly dividend of $0.17, equivalent to a 6.2% annualized yield, while analysts’ average rating is “Hold” with a $14 price target; ratings range from Buy to Sell.

Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) insider Augusto Zaremba sold 7,200 shares of Vinci Compass Investments stock in a transaction dated Wednesday, October 14th. The stock was sold at an average price of $10.89, for a total value of $78,408.00. Following the sale, the insider directly owned 989,099 shares of the company's stock, valued at approximately $10,771,288.11. This represents a 0.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 Tuesday, October 13th, Augusto Zaremba sold 7,053 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.19, for a total value of $78,923.07.
• On Monday, October 12th, Augusto Zaremba sold 13,390 shares of Vinci Compass Investments stock. The stock was 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 shares were 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 transaction of $58,255.50.
• On Wednesday, October 7th, Augusto Zaremba sold 3,568 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.72, for a total transaction of $38,248.96.

Vinci Compass Investments Stock Performance

VINP traded up $0.12 during trading on Thursday, reaching $10.95. 86,605 shares of the company's stock were exchanged, compared to its average volume of 66,848. 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 current ratio of 3.58 and a quick ratio of 3.58. The stock has a market capitalization of $716.37 million, a P/E ratio of 15.64 and a beta of 0.26. The company's fifty day simple moving average is $9.76 and its 200-day simple moving average is $10.04.

Vinci Compass Investments (NASDAQ:VINP - Get Free Report) last released 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 business had revenue of $54.05 million during the quarter, compared to analysts' expectations of $56.12 million. Vinci Compass Investments had a net margin of 23.77% and a return on equity of 12.65%. As a group, research analysts predict that Vinci Compass Investments Ltd. will post 0.80 earnings per share for the current fiscal year.

Vinci Compass Investments Announces Dividend

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

Analyst Upgrades and Downgrades

Several research firms have commented on VINP. JPMorgan Chase & Co. lowered their price target on shares of Vinci Compass Investments from $15.00 to $14.00 and set an "overweight" rating on the stock in a report on Thursday, September 10th. Zacks Research lowered Vinci Compass Investments from a "hold" rating to a "strong sell" rating in a research note on Thursday, September 10th. Finally, Weiss Ratings lowered Vinci Compass Investments from a "hold (c)" rating to a "hold (c-)" rating in a research note on Thursday, October 8th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $14.00.

Institutional Investors Weigh In On Vinci Compass Investments

Hedge funds have recently bought and sold shares of the stock. SPX Gestao de Recursos Ltda lifted its stake in shares of 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 valued at $49,291,000 after purchasing an additional 671,448 shares during the period. Endure Capital Management LLC purchased a new stake in Vinci Compass Investments during the first quarter worth $3,531,000. Rockefeller Capital Management L.P. purchased a new position in Vinci Compass Investments in the fourth quarter valued at $1,324,000. Renaissance Technologies LLC increased its holdings in Vinci Compass Investments by 12.2% in the first quarter. Renaissance Technologies LLC now owns 84,900 shares of the company's stock valued at $896,000 after buying an additional 9,264 shares in the last quarter. Finally, Deltec Asset Management LLC raised its position 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 period. Hedge funds and other institutional investors own 34.07% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.