Vinci Compass Investments (NASDAQ:VINP) Insider Bruno Augusto Sacchi Zaremba Sells 7,200 Shares of Company Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Augusto Zaremba sold 7,200 shares of Vinci Compass Investments stock in a transaction dated Wednesday, October 14th. The stock was sold at an average price of $10.89, for a total value of $78,408.00. Following the completion of the transaction, the insider owned 989,099 shares of the company’s stock, valued at approximately $10,771,288.11. This represents a 0.72% decrease in their position. The transaction was disclosed in a filing with the SEC, 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 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 shares were sold at an average price of $11.47, for a total value of $153,583.30.
• On Friday, October 9th, Augusto Zaremba sold 21,222 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.34, for a total value 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 value of $58,255.50.
• On Wednesday, October 7th, Augusto Zaremba sold 3,568 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.72, for a total value of $38,248.96.

Vinci Compass Investments Price Performance

Shares of Vinci Compass Investments stock opened at $10.95 on Friday. The stock has a market cap of $716.35 million, a price-to-earnings ratio of 15.64 and a beta of 0.26. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.58 and a current ratio of 3.58. The stock has a 50 day moving average price of $9.78 and a 200-day moving average price of $10.05. Vinci Compass Investments Ltd. has a one year low of $9.13 and a one year high of $13.61.

Vinci Compass Investments (NASDAQ:VINP) last released its quarterly earnings results on Wednesday, August 12th. The company reported $0.19 earnings per share 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 company had revenue of $54.05 million for the quarter, compared to analysts’ expectations of $56.12 million. Equities analysts expect that Vinci Compass Investments Ltd. will post 0.80 EPS for the current year.

Vinci Compass Investments Dividend Announcement

The company also recently disclosed 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. This represents a $0.68 annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend was Tuesday, August 25th. Vinci Compass Investments’s payout ratio is presently 97.14%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of VINP. SPX Gestao de Recursos Ltda grew its stake in shares of Vinci Compass Investments by 16.8% during the first quarter. SPX Gestao de Recursos Ltda now owns 4,672,173 shares of the company’s stock valued at $49,291,000 after buying an additional 671,448 shares during the last quarter. Endure Capital Management LLC purchased a new stake in shares of Vinci Compass Investments in the first quarter worth approximately $3,531,000. Rockefeller Capital Management L.P. purchased a new stake in shares of Vinci Compass Investments in the fourth quarter worth approximately $1,324,000. Renaissance Technologies LLC lifted its stake in shares of Vinci Compass Investments by 12.2% during the 1st quarter. Renaissance Technologies LLC now owns 84,900 shares of the company’s stock worth $896,000 after acquiring an additional 9,264 shares during the last quarter. Finally, Deltec Asset Management LLC lifted its stake 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 during the last quarter. Hedge funds and other institutional investors own 34.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. 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. JPMorgan Chase & Co. lowered their target price on shares of Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating for the company in a report on Thursday, September 10th. Finally, Weiss Ratings cut shares of 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 data from MarketBeat.com, Vinci Compass Investments presently has an average rating of “Hold” and an average price target 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.