Vinci Compass Investments (NASDAQ:VINP) Insider Sells 8,317 Shares of Company Stock

Key Points

• Insider selling: Augusto Zaremba sold 8,317 VINP shares for approximately $90,489 under a pre-arranged Rule 10b5-1 plan, reducing his position by 0.84% to 980,782 shares. He also reported several additional sales during the preceding days.
• Stock and financial performance: VINP shares rose 0.4% to $10.97, with a market capitalization of about $717.7 million. The company’s latest quarterly results missed analyst expectations for both earnings and revenue.
• Dividend and analyst outlook: Vinci Compass pays a quarterly dividend of $0.17, equivalent to a 6.2% annualized yield, while analysts maintain a consensus “Hold” rating and a $14 price target.

Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) insider Augusto Zaremba sold 8,317 shares of the firm's stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $10.88, for a total value of $90,488.96. Following the sale, the insider directly owned 980,782 shares of the company's stock, valued at $10,670,908.16. This represents a 0.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 Friday, October 16th, Augusto Zaremba sold 2,450 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.87, for a total value of $26,631.50.
• On Wednesday, October 14th, Augusto Zaremba sold 7,200 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.89, for a total value of $78,408.00.
• 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 transaction 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 transaction of $240,657.48.
• On Thursday, October 8th, Augusto Zaremba sold 5,325 shares of Vinci Compass Investments stock. The shares were 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 Stock Up 0.4%

Shares of Vinci Compass Investments stock traded up $0.04 during trading on Monday, reaching $10.97. 402,821 shares of the company traded hands, compared to its average volume of 68,345. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.58 and a quick ratio of 3.58. Vinci Compass Investments Ltd. has a 1-year low of $9.13 and a 1-year high of $13.61. The company has a 50 day moving average price of $9.80 and a 200-day moving average price of $10.06. The firm has a market capitalization of $717.66 million, a PE ratio of 15.67 and a beta of 0.26.

Vinci Compass Investments (NASDAQ:VINP - Get Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The company reported $0.19 EPS for the quarter, missing analysts' consensus estimates 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 company had revenue of $54.05 million during the quarter, compared to analyst estimates of $56.12 million. As a group, equities research analysts expect that Vinci Compass Investments Ltd. will post 0.80 earnings per share for the current fiscal year.

Vinci Compass Investments Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Tuesday, August 25th were given a dividend of $0.17 per share. 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 is 97.14%.

Analysts Set New Price Targets

A number of analysts recently commented on VINP shares. JPMorgan Chase & Co. decreased 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. Zacks Research lowered Vinci Compass Investments from a "hold" rating to a "strong sell" rating in a report on Thursday, September 10th. Finally, Weiss Ratings cut Vinci Compass Investments from a "hold (c)" rating to a "hold (c-)" rating in a research note on Thursday, October 8th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Vinci Compass Investments presently has a consensus rating of "Hold" and a consensus price target of $14.00.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Pension & Wealth Management Advisors Inc. raised its holdings in shares of 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 acquiring an additional 2,541 shares during the last quarter. Engineers Gate Manager LP lifted its position in Vinci Compass Investments by 46.0% in the 2nd 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 in the last quarter. Public Employees Retirement System of Ohio acquired a new position in Vinci Compass Investments during the 2nd quarter valued at about $54,000. Endure Capital Management LLC acquired a new position in Vinci Compass Investments during the 1st quarter valued at about $3,531,000. Finally, Renaissance Technologies LLC boosted its stake in Vinci Compass Investments by 12.2% during the 1st quarter. Renaissance Technologies LLC now owns 84,900 shares of the company's stock valued at $896,000 after purchasing 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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