Vinci Compass Investments (NASDAQ:VINP) Stock: Insider Bruno Augusto Sacchi Zaremba Sells 7,053 Shares

Key Points

• Insider Augusto Zaremba sold 7,053 VINP shares at an average price of $11.19, generating $78,923.07. The transaction was made under a pre-arranged Rule 10b5-1 trading plan, leaving him with 996,299 shares.
• Zaremba also sold shares on each of the five preceding trading days, bringing the reported sales over that period to 57,758 shares and roughly $569,000 in proceeds.
• VINP shares rose 1.1% to $10.95, while the company’s quarterly dividend equates to a 6.2% yield. Analysts collectively rate the stock “Hold” with an average price target of $14, although recent earnings and revenue fell short of estimates.

Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) insider Augusto Zaremba sold 7,053 shares of Vinci Compass Investments stock in a transaction on Tuesday, October 13th. The shares were sold at an average price of $11.19, for a total transaction of $78,923.07. Following the completion of the sale, the insider directly owned 996,299 shares of the company's stock, valued at approximately $11,148,585.81. The trade was a 0.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available 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 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 transaction of $78,408.00.
• 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 1.1%

Shares of NASDAQ VINP traded up $0.12 during mid-day trading on Thursday, reaching $10.95. 86,605 shares of the company's stock traded hands, compared to its average volume of 66,848. The stock has a market cap of $716.37 million, a P/E ratio of 15.64 and a beta of 0.26. The business has a 50-day simple moving average of $9.76 and a 200 day simple moving average of $10.04. 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.

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 the consensus estimate 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 business had revenue of $54.05 million for the quarter, compared to the consensus estimate of $56.12 million. On average, analysts expect that Vinci Compass Investments Ltd. will post 0.80 EPS for the current fiscal year.

Vinci Compass Investments Dividend Announcement

The business 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. 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 97.14%.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. JPMorgan Chase & Co. lowered their price objective on Vinci Compass Investments from $15.00 to $14.00 and set an "overweight" rating for the company in a research note 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 downgraded Vinci Compass Investments from a "hold (c)" rating to a "hold (c-)" rating in a report 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. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $14.00.

Institutional Investors Weigh In On Vinci Compass Investments

Institutional investors have recently added to or reduced their stakes in the company. SPX Gestao de Recursos Ltda lifted its position in shares of 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 buying an additional 671,448 shares in the last quarter. Endure Capital Management LLC purchased a new position in shares of Vinci Compass Investments in the 1st quarter worth approximately $3,531,000. Rockefeller Capital Management L.P. purchased a new position in shares of Vinci Compass Investments in the 4th quarter worth approximately $1,324,000. Deltec Asset Management LLC boosted 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 worth $632,000 after buying an additional 34,553 shares during the last quarter. Finally, Renaissance Technologies LLC boosted 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 worth $896,000 after buying an additional 9,264 shares during the last quarter. 34.07% of the stock is owned by institutional investors.

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.

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