Vinci Compass Investments (NASDAQ:VINP) Stock: Insider Fernando Lovisotto Sells 14,086 Shares
by Michael Walen · The Markets DailyVinci Compass Investments Ltd. (NASDAQ:VINP – Get Free Report) insider Fernando Lovisotto sold 14,086 shares of the company’s stock in a transaction on Monday, October 19th. The stock was sold at an average price of $10.95, for a total value of $154,241.70. Following the transaction, the insider directly owned 908,430 shares in the company, valued at $9,947,308.50. This represents a 1.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 value 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 value of $32,181.84.
- On Tuesday, October 20th, Fernando Lovisotto sold 10,960 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.19, for a total value of $122,642.40.
- 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 value 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 stock was 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. The company had a trading volume of 208,065 shares, 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 12-month low of $9.13 and a 12-month high of $13.61. The firm has a 50 day simple moving average of $9.92 and a 200-day simple moving average of $10.07. The company has a market capitalization of $751.68 million, a price-to-earnings ratio of 16.41 and a beta of 0.26.
Vinci Compass Investments (NASDAQ:VINP – Get Free Report) last released its quarterly earnings data on Wednesday, August 12th. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.02). The company had revenue of $54.05 million for the quarter, compared to analysts’ expectations of $56.12 million. Vinci Compass Investments had a return on equity of 12.65% and a net margin of 23.77%. Research analysts expect that Vinci Compass Investments Ltd. will post 0.80 earnings per share for the current year.
Vinci Compass Investments Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders 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 yield of 5.9%. Vinci Compass Investments’s dividend payout ratio (DPR) is 97.14%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the company. Pension & Wealth Management Advisors Inc. raised its stake in shares of Vinci Compass Investments by 6.3% during the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 42,565 shares of the company’s stock worth $398,000 after buying an additional 2,541 shares during the last quarter. Engineers Gate Manager LP grew its stake 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 valued at $158,000 after acquiring an additional 5,129 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new stake in Vinci Compass Investments in the 2nd quarter valued at about $54,000. Endure Capital Management LLC purchased a new position in Vinci Compass Investments during the 1st quarter valued at about $3,531,000. Finally, Renaissance Technologies LLC increased its holdings in 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 acquiring an additional 9,264 shares in the last quarter. Institutional investors and hedge funds own 34.07% of the company’s stock.
Analysts Set New Price Targets
Several brokerages have recently commented on VINP. Zacks Research lowered Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research note 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, JPMorgan Chase & Co. dropped their price objective 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 research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $14.00.
Get Our Latest Stock Analysis on VINP
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.
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