Vinci Compass Investments (NASDAQ:VINP) Insider Bruno Augusto Sacchi Zaremba Sells 21,222 Shares of Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Augusto Zaremba sold 21,222 shares of the firm’s stock in a transaction that occurred on Friday, October 9th. The shares were sold at an average price of $11.34, for a total value of $240,657.48. Following the completion of the sale, the insider owned 1,016,742 shares in the company, valued at approximately $11,529,854.28. This represents a 2.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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.

Bruno Augusto Sacchi Zaremba also recently made the following trade(s):

• On Monday, October 12th, Augusto Zaremba sold 13,390 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.47, for a total value of $153,583.30.
• 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 shares were sold at an average price of $10.72, for a total value of $38,248.96.

Vinci Compass Investments Stock Down 2.6%

VINP stock opened at $11.20 on Wednesday. Vinci Compass Investments Ltd. has a 52 week low of $9.13 and a 52 week high of $13.61. The company has a market capitalization of $732.70 million, a price-to-earnings ratio of 16.00 and a beta of 0.26. The firm’s 50-day moving average is $9.74 and its two-hundred day moving average 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 (NASDAQ:VINP) last released its earnings results on Wednesday, August 12th. The company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.02). The firm had revenue of $54.05 million during the quarter, compared to analyst estimates of $56.12 million. Vinci Compass Investments had a return on equity of 12.65% and a net margin of 23.77%. On average, analysts forecast that Vinci Compass Investments Ltd. will post 0.80 earnings per share for the current fiscal year.

Vinci Compass Investments Announces Dividend

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

Analyst Ratings Changes

Several research analysts have commented on VINP shares. Zacks Research cut shares of Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a report on Thursday, September 10th. JPMorgan Chase & Co. cut 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. Finally, Weiss Ratings lowered 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 given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $14.00.

Vinci Compass Investments News Roundup

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

Institutional Investors Weigh In On Vinci Compass Investments

Hedge funds have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio bought a new stake in shares of Vinci Compass Investments in the 2nd quarter worth approximately $54,000. Engineers Gate Manager LP grew its holdings in shares of Vinci Compass Investments by 46.0% in the 2nd quarter. Engineers Gate Manager LP now owns 16,279 shares of the company’s stock worth $158,000 after purchasing an additional 5,129 shares during the last quarter. R Squared Ltd grew its stake in Vinci Compass Investments by 6.4% during 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 during the last quarter. Deltec Asset Management LLC boosted its holdings in shares of Vinci Compass Investments by 136.1% in 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. Finally, Renaissance Technologies LLC boosted its holdings in shares of Vinci Compass Investments by 12.2% in 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 in the last quarter. Institutional investors own 34.07% of the company’s stock.

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.