Insider Selling: Vinci Compass Investments (NASDAQ:VINP) Insider Sells $122,649.12 in Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Fernando Lovisotto sold 11,748 shares of Vinci Compass Investments stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $10.44, for a total value of $122,649.12. Following the completion of the sale, the insider directly owned 974,503 shares in the company, valued at approximately $10,173,811.32. This represents a 1.19% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 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 shares were 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 shares were sold at an average price of $10.71, for a total transaction 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 Friday, July 10th, Fernando Lovisotto sold 1,034 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.05, for a total value of $10,391.70.

Vinci Compass Investments Stock Up 4.9%

VINP stock opened at $11.54 on Friday. The company has a current ratio of 3.58, a quick ratio of 3.58 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $754.95 million, a PE ratio of 16.49 and a beta of 0.26. Vinci Compass Investments Ltd. has a 1-year low of $9.13 and a 1-year high of $13.61. The business’s 50 day simple moving average is $9.68 and its 200 day simple moving average is $10.03.

Vinci Compass Investments (NASDAQ:VINP) last announced its quarterly earnings results on Wednesday, August 12th. The company reported $0.19 earnings per share (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 business had revenue of $54.05 million for the quarter, compared to analyst estimates of $56.12 million. As a group, research analysts anticipate that Vinci Compass Investments Ltd. will post 0.80 EPS for the current year.

Vinci Compass Investments Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders 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 dividend yield of 5.9%. Vinci Compass Investments’s dividend payout ratio (DPR) is 97.14%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Engineers Gate Manager LP raised its holdings in shares of Vinci Compass Investments by 46.0% during the 2nd quarter. Engineers Gate Manager LP now owns 16,279 shares of the company’s stock worth $158,000 after buying an additional 5,129 shares in the last quarter. Public Employees Retirement System of Ohio bought a new position in Vinci Compass Investments in the second quarter valued at about $54,000. Endure Capital Management LLC bought a new position in Vinci Compass Investments in the first quarter valued at about $3,531,000. Renaissance Technologies LLC raised its stake in Vinci Compass Investments by 12.2% during the first quarter. Renaissance Technologies LLC now owns 84,900 shares of the company’s stock worth $896,000 after acquiring an additional 9,264 shares in the last quarter. Finally, SPX Gestao de Recursos Ltda lifted its holdings in shares of Vinci Compass Investments by 16.8% in the first 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 during the last quarter. 34.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on VINP shares. Weiss Ratings cut shares of Vinci Compass Investments from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday. JPMorgan Chase & Co. dropped their price target on shares of 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. Finally, Zacks Research cut Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research note on Thursday, September 10th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Vinci Compass Investments currently has a consensus rating of “Hold” and a consensus target price of $14.00.

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.