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

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Fernando Lovisotto sold 8,988 shares of Vinci Compass Investments stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $11.47, for a total transaction of $103,092.36. Following the completion of the sale, the insider owned 94,079 shares in the company, valued at $1,079,086.13. This trade represents a 8.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through 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 Friday, October 9th, Fernando Lovisotto sold 12,533 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.34, for a total transaction of $142,124.22.
• 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 transaction 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 transaction of $28,188.72.
• On Tuesday, October 6th, Fernando Lovisotto sold 5,245 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.73, for a total transaction 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%

Shares of VINP stock opened at $11.20 on Wednesday. The firm’s fifty day moving average price is $9.74 and its two-hundred day moving average price is $10.04. 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 Ltd. has a 1 year low of $9.13 and a 1 year high of $13.61. The firm has a market capitalization of $732.70 million, a P/E ratio of 16.00 and a beta of 0.26.

Vinci Compass Investments (NASDAQ:VINP) last issued its quarterly 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, equities analysts predict that Vinci Compass Investments Ltd. will post 0.80 EPS for the current fiscal year.

Vinci Compass Investments Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Tuesday, August 25th were given a $0.17 dividend. The ex-dividend date of this dividend was Tuesday, August 25th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 6.1%. Vinci Compass Investments’s payout ratio is currently 97.14%.

Wall Street Analyst Weigh In

VINP has been the topic of several analyst reports. Zacks Research lowered Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a report on Thursday, September 10th. Weiss Ratings downgraded Vinci Compass Investments from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, October 8th. Finally, JPMorgan Chase & Co. decreased their price target 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. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $14.00.

More Vinci Compass Investments News

Here are the key news stories impacting Vinci Compass Investments this week:

• Neutral Sentiment: The sales were executed under pre-arranged Rule 10b5-1 trading plans, which reduces the likelihood that they reflect a reaction to undisclosed company-specific concerns. Both insiders also retained substantial positions after the transactions.
• Negative Sentiment: Fernando Lovisotto sold 21,521 shares for approximately $245,217, reducing his holdings by roughly 20% across the disclosed transactions. SEC filing for Fernando Lovisotto insider sales
• Negative Sentiment: Augusto Zaremba sold 43,505 shares for approximately $490,745 over four transactions. Although the sales reduced his position by only about 4%, the repeated selling may weigh on investor sentiment and contribute to the stock’s recent weakness. SEC filing for Augusto Zaremba insider sales

Hedge Funds Weigh In On Vinci Compass Investments

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Public Employees Retirement System of Ohio acquired a new position in Vinci Compass Investments during the second quarter worth $54,000. Engineers Gate Manager LP raised its position in Vinci Compass Investments by 46.0% during the second quarter. Engineers Gate Manager LP now owns 16,279 shares of the company’s stock worth $158,000 after acquiring an additional 5,129 shares in the last quarter. R Squared Ltd lifted its stake in Vinci Compass Investments by 6.4% in the first quarter. R Squared Ltd now owns 52,686 shares of the company’s stock valued at $556,000 after acquiring an additional 3,153 shares during the last quarter. Deltec Asset Management LLC lifted its stake in Vinci Compass Investments by 136.1% in the first quarter. Deltec Asset Management LLC now owns 59,934 shares of the company’s stock valued at $632,000 after acquiring an additional 34,553 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its stake in Vinci Compass Investments by 12.2% in the first quarter. Renaissance Technologies LLC now owns 84,900 shares of the company’s stock valued at $896,000 after acquiring an additional 9,264 shares during the last quarter. 34.07% of the stock is owned by institutional investors.

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.