Vinci Compass Investments (NASDAQ:VINP) Insider Sells 8,988 Shares of Stock

Key Points

• Insider selling: Fernando Lovisotto sold 8,988 VINP shares for approximately $103,092 under a pre-arranged Rule 10b5-1 plan, reducing his ownership by 8.72% to 94,079 shares. He also sold additional shares in four transactions earlier that month.
• Stock and earnings: VINP fell 2.6% to $11.20, while its latest quarterly results missed analyst expectations for both earnings and revenue. Analysts expect full-year EPS of $0.80.
• Dividend and outlook: The company pays a quarterly dividend of $0.17, representing a 6.1% yield, but its 97.14% payout ratio is high. Analyst sentiment is mixed, resulting in a consensus “Hold” rating and a $14 average price target.

Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) insider Fernando Lovisotto sold 8,988 shares of the firm's stock in a transaction dated Monday, October 12th. The shares were sold at an average price of $11.47, for a total value of $103,092.36. Following the sale, the insider owned 94,079 shares in the company, valued at approximately $1,079,086.13. The trade was a 8.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 8th, Fernando Lovisotto sold 4,316 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.95, for a total value of $47,260.20.
• On Wednesday, October 7th, Fernando Lovisotto sold 2,632 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.71, for a total value of $28,188.72.
• On Tuesday, October 6th, Fernando Lovisotto sold 5,245 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.73, for a total value of $56,278.85.
• On Monday, October 5th, Fernando Lovisotto sold 11,748 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.44, for a total transaction of $122,649.12.

Vinci Compass Investments Stock Down 2.6%

NASDAQ:VINP traded down $0.30 during trading hours on Tuesday, hitting $11.20. The stock had a trading volume of 77,282 shares, compared to its average volume of 66,686. The company has a market cap of $732.70 million, a PE ratio of 16.00 and a beta of 0.26. The business has a 50 day simple moving average of $9.71 and a two-hundred day simple moving average of $10.03. Vinci Compass Investments Ltd. has a 1-year low of $9.13 and a 1-year high of $13.61. The company has a current ratio of 3.58, a quick ratio of 3.58 and a debt-to-equity ratio of 0.38.

Vinci Compass Investments (NASDAQ:VINP - Get Free Report) last posted its 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). The firm had revenue of $54.05 million for 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%. Analysts predict that Vinci Compass Investments Ltd. will post 0.80 EPS for the current year.

Vinci Compass Investments Announces Dividend

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

Institutional Trading of Vinci Compass Investments

Several institutional investors have recently added to or reduced their stakes in VINP. SPX Gestao de Recursos Ltda grew its holdings in Vinci Compass Investments by 16.8% during the 1st quarter. SPX Gestao de Recursos Ltda now owns 4,672,173 shares of the company's stock worth $49,291,000 after acquiring an additional 671,448 shares in the last quarter. Endure Capital Management LLC bought a new stake in shares of Vinci Compass Investments in the 1st quarter worth about $3,531,000. Rockefeller Capital Management L.P. acquired a new stake in shares of Vinci Compass Investments in the 4th quarter valued at about $1,324,000. Deltec Asset Management LLC raised its stake in shares of Vinci Compass Investments by 136.1% in the 1st quarter. Deltec Asset Management LLC now owns 59,934 shares of the company's stock valued at $632,000 after purchasing an additional 34,553 shares in the last quarter. Finally, Renaissance Technologies LLC raised its stake in shares of Vinci Compass Investments by 12.2% in 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 in the last quarter. 34.07% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

VINP has been the subject of a number of analyst reports. Zacks Research cut 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 Vinci Compass Investments from a "hold (c)" rating to a "hold (c-)" rating in a research report on Thursday. Finally, JPMorgan Chase & Co. dropped their target price on Vinci Compass Investments from $15.00 to $14.00 and set an "overweight" rating on the stock in a research report on Thursday, September 10th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $14.00.

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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