Vinci Compass Investments (NASDAQ:VINP) Stock: Insider Bruno Augusto Sacchi Zaremba Sells 13,390 Shares

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Augusto Zaremba sold 13,390 shares of the company’s stock in a transaction on Monday, October 12th. The stock was sold at an average price of $11.47, for a total value of $153,583.30. Following the sale, the insider owned 1,003,352 shares of the company’s stock, valued at $11,508,447.44. The trade was a 1.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 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 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 shares were sold at an average price of $10.72, for a total value of $38,248.96.

Vinci Compass Investments Price Performance

Vinci Compass Investments stock opened at $10.83 on Thursday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.58 and a current ratio of 3.58. Vinci Compass Investments Ltd. has a 52 week low of $9.13 and a 52 week high of $13.61. The stock has a market capitalization of $708.50 million, a P/E ratio of 15.47 and a beta of 0.26. The stock has a fifty day moving average of $9.76 and a 200-day moving average of $10.04.

Vinci Compass Investments (NASDAQ:VINP) last announced its quarterly earnings data 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 business had revenue of $54.05 million for the quarter, compared to the consensus estimate of $56.12 million. On average, sell-side analysts expect that Vinci Compass Investments Ltd. will post 0.80 earnings per share for the current fiscal year.

Vinci Compass Investments Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Tuesday, August 25th were issued 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 6.3%. Vinci Compass Investments’s dividend payout ratio is 97.14%.

Institutional Investors Weigh In On Vinci Compass Investments

Hedge funds have recently modified their holdings of the company. Engineers Gate Manager LP increased its holdings in 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 in the last quarter. Public Employees Retirement System of Ohio bought a new position in Vinci Compass Investments in the second quarter valued at about $54,000. Endure Capital Management LLC bought a new position in Vinci Compass Investments in the first quarter valued at about $3,531,000. Renaissance Technologies LLC raised its position 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 purchasing an additional 9,264 shares during the last quarter. Finally, SPX Gestao de Recursos Ltda boosted 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 purchasing an additional 671,448 shares in the last quarter. Institutional investors and hedge funds own 34.07% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on VINP. JPMorgan Chase & Co. decreased their price target on shares of Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating on the stock in a report on Thursday, September 10th. Zacks Research downgraded shares of Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research note on Thursday, September 10th. Finally, Weiss Ratings downgraded 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat, Vinci Compass Investments currently has an average rating of “Hold” and an average target price of $14.00.

Key Vinci Compass Investments News

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

• Positive Sentiment: Vinci Compass Investments recently declared a quarterly dividend of $0.17 per share, equivalent to $0.68 annually and a yield of approximately 6.1%. The payout may appeal to income-focused investors, although the payout ratio is elevated at 97.14%.
• Positive Sentiment: Institutional activity provides some support: SPX Gestao de Recursos increased its position by 16.8%, while Engineers Gate Manager raised its holdings by 46%. Institutional and hedge-fund investors own approximately 34.07% of the company.
• Neutral Sentiment: The insider transactions were executed under pre-arranged Rule 10b5-1 plans, reducing the likelihood that the sales signal newly developed company-specific concerns. Augusto Zaremba and Fernando Lovisotto continued to hold substantial positions after selling.
• Negative Sentiment: Insider selling was substantial across the reported transactions. Zaremba sold 43,505 shares for roughly $490,745, while Lovisotto sold 21,521 shares for approximately $245,217. The repeated sales may weigh on sentiment, particularly because Lovisotto reduced his position by about 20%.
• Negative Sentiment: The company’s latest quarterly results missed expectations: earnings per share were $0.19 versus a $0.21 consensus estimate, and revenue of $54.05 million came in below the $56.12 million forecast.
• Negative Sentiment: Analyst sentiment remains mixed to cautious. Weiss Ratings lowered its assessment, Zacks Research issued a “strong sell” rating, and the consensus rating is “Hold,” despite JPMorgan maintaining an “overweight” view with a $14 price target.

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.