Vinci Compass Investments (NASDAQ:VINP) CFO Sergio Passos Ribeiro Sells 1,389 Shares

Key Points

  • Insider Fernando Lovisotto sold 16,908 shares of Vinci Compass Investments on May 13 at an average price of $10.56, totaling about $178,548. The sale reduced his direct holdings by 1.58%, and it was made under a pre-arranged Rule 10b5-1 trading plan.
  • Lovisotto also made a series of additional sales over the prior days, and other executives were cited as selling shares as well. That has raised attention around broad insider selling at VINP, even though the trades may not signal a change in outlook.
  • The stock was trading near $10.28, below its 50-day and 200-day moving averages, while analysts currently view VINP as a Moderate Buy with a consensus target price of $14.00. The company also recently declared a quarterly dividend of $0.17 per share, implying a 6.6% yield.

Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) CFO Sergio Passos Ribeiro sold 1,389 shares of the firm's stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $10.38, for a total transaction of $14,417.82. Following the completion of the transaction, the chief financial officer owned 283,012 shares of the company's stock, valued at $2,937,664.56. This trade represents a 0.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sergio Passos Ribeiro also recently made the following trade(s):

  • On Wednesday, May 13th, Sergio Passos Ribeiro sold 6,080 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.56, for a total value of $64,204.80.
  • On Tuesday, May 12th, Sergio Passos Ribeiro sold 1,550 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.52, for a total value of $16,306.00.
  • On Monday, May 11th, Sergio Passos Ribeiro sold 1,970 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.69, for a total value of $21,059.30.
  • On Friday, May 8th, Sergio Passos Ribeiro sold 778 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.86, for a total value of $8,449.08.
  • On Thursday, May 7th, Sergio Passos Ribeiro sold 1,852 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.84, for a total value of $20,075.68.
  • On Wednesday, May 6th, Sergio Passos Ribeiro sold 719 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.06, for a total value of $7,952.14.
  • On Tuesday, May 5th, Sergio Passos Ribeiro sold 976 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.90, for a total value of $10,638.40.
  • On Monday, May 4th, Sergio Passos Ribeiro sold 1,258 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.82, for a total value of $13,611.56.
  • On Friday, May 1st, Sergio Passos Ribeiro sold 697 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.97, for a total value of $7,646.09.
  • On Thursday, April 30th, Sergio Passos Ribeiro sold 1,795 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.93, for a total value of $19,619.35.

Vinci Compass Investments Price Performance




Shares of NASDAQ VINP opened at $10.28 on Friday. Vinci Compass Investments Ltd. has a twelve month low of $9.20 and a twelve month high of $13.61. The company has a quick ratio of 5.13, a current ratio of 5.08 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $672.52 million, a P/E ratio of 13.89 and a beta of 0.30. The stock's 50-day simple moving average is $10.70 and its two-hundred day simple moving average is $11.85.

Vinci Compass Investments (NASDAQ:VINP - Get Free Report) last posted its quarterly earnings data on Thursday, March 5th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.24 by ($0.01). Vinci Compass Investments had a return on equity of 13.73% and a net margin of 26.75%.The company had revenue of $47.19 million for the quarter, compared to the consensus estimate of $51.84 million. As a group, equities analysts anticipate that Vinci Compass Investments Ltd. will post 0.89 EPS for the current fiscal year.

Vinci Compass Investments Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 8th. Stockholders of record on Monday, May 25th will be issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date of this dividend is Friday, May 22nd. Vinci Compass Investments's payout ratio is currently 91.89%.

More Vinci Compass Investments News

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

  • Negative Sentiment: CFO Sergio Passos Ribeiro sold shares in multiple recent transactions, adding to concerns about insider distribution at Vinci Compass Investments (NASDAQ:VINP). SEC filing
  • Negative Sentiment: Insiders Fernando Lovisotto and Bruno Augusto Sacchi Zaremba also sold shares on consecutive days, reinforcing the perception of broad insider selling. SEC filing
  • Neutral Sentiment: Management noted the sales were executed under pre-arranged 10b5-1 trading plans, which means they may not reflect a change in the company’s outlook. SEC filing
  • Neutral Sentiment: Recent coverage also highlighted the stock without pointing to a new business catalyst, leaving the insider activity as the main near-term driver. Article

Institutional Investors Weigh In On Vinci Compass Investments

Hedge funds and other institutional investors have recently modified their holdings of the stock. SPX Gestao de Recursos Ltda grew its holdings in shares of Vinci Compass Investments by 7.4% in the third quarter. SPX Gestao de Recursos Ltda now owns 4,038,396 shares of the company's stock worth $43,413,000 after purchasing an additional 278,612 shares during the last quarter. Mirabella Financial Services LLP bought a new position in shares of Vinci Compass Investments in the third quarter worth approximately $1,053,000. R Squared Ltd grew its holdings in shares of Vinci Compass Investments by 54.2% in the third quarter. R Squared Ltd now owns 44,801 shares of the company's stock worth $482,000 after purchasing an additional 15,747 shares during the last quarter. Citadel Advisors LLC bought a new position in shares of Vinci Compass Investments in the third quarter worth approximately $159,000. Finally, Russell Investments Group Ltd. bought a new position in shares of Vinci Compass Investments in the second quarter worth approximately $123,000. Institutional investors own 34.07% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on VINP. Wall Street Zen downgraded shares of Vinci Compass Investments from a "buy" rating to a "hold" rating in a report on Saturday, March 7th. Weiss Ratings downgraded shares of Vinci Compass Investments from a "hold (c+)" rating to a "hold (c)" rating in a research note on Monday, May 4th. Zacks Research raised shares of Vinci Compass Investments to a "hold" rating in a research note on Thursday, April 16th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Vinci Compass Investments from $14.00 to $15.00 and gave the stock an "overweight" rating in a research note on Monday, February 2nd. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $14.00.

Get Our Latest Analysis on VINP

Vinci Compass Investments Company Profile

(Get Free Report)

Vinci Partners Investments Ltd. operates as an asset management firm in Brazil. The company focuses on private markets, liquid strategies, investment products and solutions, and retirement services. It offers private equity, infrastructure, real estate, credit, special situations, equities, hedge funds, and investment products and solutions comprising portfolio and management services. In addition, the company financial and strategic advisory services, focusing on IPO advisory and mergers and acquisition transactions to entrepreneurs, corporate senior management teams, and boards of directors.

Further Reading

Insider Buying and Selling by Quarter for Vinci Compass Investments (NASDAQ:VINP)

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