Vinci Compass Investments (NASDAQ:VINP) Share Price Crosses Below 200-Day Moving Average on Insider Selling

Key Points

• VINP shares fell below their 200-day moving average, trading as low as $8.91 and last changing hands at $9.16 versus the $10.61 average.
• Insiders Fernando Lovisotto and Augusto Zaremba sold a combined 40,558 shares in transactions conducted under pre-arranged Rule 10b5-1 plans.
• Analyst sentiment remains mixed, with the stock carrying an overall “Hold” rating and a $14 average price target; the company also offers a $0.68 annual dividend yielding approximately 7.4%.

Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report)'s share price passed below its two hundred day moving average during trading on Monday following insider selling activity. The stock has a two hundred day moving average of $10.61 and traded as low as $8.91. Vinci Compass Investments shares last traded at $9.16, with a volume of 441,253 shares.

Specifically, insider Fernando Lovisotto sold 13,452 shares of the company's stock in a transaction on Friday, October 23rd. The stock was sold at an average price of $11.41, for a total value of $153,487.32. Following the completion of the transaction, the insider owned 875,954 shares in the company, valued at $9,994,635.14. This represents a 1.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Augusto Zaremba sold 19,815 shares of Vinci Compass Investments stock in a transaction dated Friday, October 23rd. The stock was sold at an average price of $11.43, for a total transaction of $226,485.45. Following the completion of the sale, the insider directly owned 915,442 shares in the company, valued at approximately $10,463,502.06. This represents a 2.12% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In related news, insider Augusto Zaremba sold 7,291 shares of the company's stock in a transaction that occurred on Thursday, October 22nd. The stock was sold at an average price of $11.42, for a total value of $83,263.22. Following the transaction, the insider owned 935,257 shares in the company, valued at approximately $10,680,634.94. This represents a 0.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Weiss Ratings raised shares of Vinci Compass Investments from a "hold (c-)" rating to a "hold (c)" rating in a report on Friday. 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. Finally, JPMorgan Chase & Co. lowered their price target 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 investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $14.00.

Vinci Compass Investments Stock Performance

The firm has a market capitalization of $599.25 million, a P/E ratio of 13.09 and a beta of 0.26. The company has a 50-day simple moving average of $9.95 and a two-hundred day simple moving average of $10.61. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.58 and a current ratio of 3.58.

Vinci Compass Investments (NASDAQ:VINP - Get Free Report) last announced 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). Vinci Compass Investments had a net margin of 23.77% and a return on equity of 12.65%. The firm had revenue of $54.05 million for the quarter, compared to analysts' expectations of $56.12 million. As a group, equities analysts forecast that Vinci Compass Investments Ltd. will post 0.80 EPS for the current year.

Vinci Compass Investments Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Tuesday, August 25th were given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 7.4%. The ex-dividend date of this dividend was Tuesday, August 25th. Vinci Compass Investments's payout ratio is 97.14%.

Institutional Investors Weigh In On Vinci Compass Investments

Hedge funds have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio purchased a new position in shares of Vinci Compass Investments in the 2nd quarter worth $54,000. Engineers Gate Manager LP raised its position in shares of 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 buying an additional 5,129 shares during the last quarter. Pension & Wealth Management Advisors Inc. lifted its stake 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 in the last quarter. R Squared Ltd lifted its position in shares of Vinci Compass Investments by 6.4% in the first quarter. R Squared Ltd now owns 52,686 shares of the company's stock worth $556,000 after buying an additional 3,153 shares in the last quarter. Finally, Deltec Asset Management LLC raised its holdings in shares of Vinci Compass Investments by 136.1% during the 1st 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 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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