Vinci Compass Investments (NASDAQ:VINP) Insider Fernando Lovisotto Sells 2,632 Shares of Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Fernando Lovisotto sold 2,632 shares of the company’s stock in a transaction that occurred on Wednesday, October 7th. The shares were sold at an average price of $10.71, for a total value of $28,188.72. Following the completion of the transaction, the insider directly owned 966,626 shares in the company, valued at $10,352,564.46. The trade was a 0.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 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 stock was sold at an average price of $10.95, for a total value of $47,260.20.
• 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 value 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 value of $122,649.12.

Vinci Compass Investments Stock Performance

VINP stock traded up $0.54 during trading hours on Friday, hitting $11.54. 225,717 shares of the stock were exchanged, compared to its average volume of 66,195. 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 $754.97 million, a P/E ratio of 16.49 and a beta of 0.26. The company has a 50-day simple moving average of $9.65 and a two-hundred day simple moving average of $10.02. Vinci Compass Investments Ltd. has a 12 month low of $9.13 and a 12 month high of $13.61.

Vinci Compass Investments (NASDAQ:VINP) last posted 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 for 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 0.8 earnings per share for the current fiscal year.

Vinci Compass Investments Announces Dividend

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

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vinci Compass Investments in a report on Friday, September 11th. Zacks Research cut Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research note on Thursday, September 10th. Finally, JPMorgan Chase & Co. reduced their price target on Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating on the stock in a research report on Thursday, September 10th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $14.00.

Institutional Investors Weigh In On Vinci Compass Investments

Institutional investors and hedge funds have recently bought and sold shares of the company. SPX Gestao de Recursos Ltda grew its stake in 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 worth $49,291,000 after buying an additional 671,448 shares in the last quarter. Endure Capital Management LLC acquired a new position in shares of Vinci Compass Investments in the 1st quarter valued at approximately $3,531,000. Rockefeller Capital Management L.P. acquired a new position in shares of Vinci Compass Investments in the 4th quarter valued at approximately $1,324,000. Renaissance Technologies LLC lifted 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 worth $896,000 after acquiring an additional 9,264 shares during the period. Finally, Deltec Asset Management LLC boosted its position 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 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.