Vinci Compass Investments (NASDAQ:VINP) Insider Sells $122,642.40 in Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Fernando Lovisotto sold 10,960 shares of the business’s stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $11.19, for a total value of $122,642.40. Following the transaction, the insider owned 897,470 shares of the company’s stock, valued at approximately $10,042,689.30. This trade represents a 1.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, 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 Thursday, October 22nd, Fernando Lovisotto sold 5,211 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.42, for a total transaction of $59,509.62.
• On Wednesday, October 21st, Fernando Lovisotto sold 2,853 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.28, for a total transaction of $32,181.84.
• On Monday, October 19th, Fernando Lovisotto sold 14,086 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.95, for a total transaction of $154,241.70.
• On Friday, October 16th, Fernando Lovisotto sold 2,024 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.87, for a total transaction of $22,000.88.
• On Thursday, October 15th, Fernando Lovisotto sold 5,874 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.87, for a total transaction of $63,850.38.
• On Wednesday, October 14th, Fernando Lovisotto sold 5,511 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.87, for a total transaction of $59,904.57.
• On Tuesday, October 13th, Fernando Lovisotto sold 4,864 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.19, for a total transaction of $54,428.16.
• 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 Monday, October 12th, Fernando Lovisotto sold 8,988 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.47, for a total transaction of $103,092.36.
• 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 transaction of $47,260.20.

Vinci Compass Investments Price Performance

Shares of VINP traded up $0.03 during trading hours on Friday, reaching $11.49. 208,065 shares of the stock traded hands, compared to its average volume of 100,077. 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 52-week low of $9.13 and a 52-week high of $13.61. The company’s 50-day moving average price is $9.92 and its two-hundred day moving average price is $10.07. The company has a market cap of $751.68 million, a P/E ratio of 16.41 and a beta of 0.26.

Vinci Compass Investments (NASDAQ:VINP) last issued its 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 return on equity of 12.65% and a net margin of 23.77%. The firm had revenue of $54.05 million during the quarter, compared to the consensus estimate of $56.12 million. On average, analysts anticipate that Vinci Compass Investments Ltd. will post 0.80 earnings per share for the current year.

Vinci Compass Investments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Tuesday, August 25th were given a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 5.9%. The ex-dividend date was Tuesday, August 25th. Vinci Compass Investments’s payout ratio is presently 97.14%.

Analyst Ratings Changes

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

Hedge Funds Weigh In On Vinci Compass Investments

Several institutional investors have recently bought and sold shares of the stock. SPX Gestao de Recursos Ltda increased its holdings in Vinci Compass Investments by 16.8% in the 1st quarter. SPX Gestao de Recursos Ltda now owns 4,672,173 shares of the company’s stock valued at $49,291,000 after acquiring an additional 671,448 shares during the last quarter. Endure Capital Management LLC purchased a new stake in Vinci Compass Investments in the 1st quarter worth $3,531,000. Rockefeller Capital Management L.P. bought a new position in shares of Vinci Compass Investments during the 4th quarter valued at about $1,324,000. Renaissance Technologies LLC boosted its holdings 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 valued at $896,000 after purchasing an additional 9,264 shares during the last quarter. Finally, Deltec Asset Management LLC boosted 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 valued at $632,000 after purchasing an additional 34,553 shares during the last quarter. 34.07% of the stock is owned by hedge funds and other institutional investors.

Vinci Compass Investments Company Profile

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.