Prudential PLC increased its stake in MercadoLibre, Inc. (NASDAQ:MELI – Free Report) by 39.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 9,571 shares of the company’s stock after buying an additional 2,715 shares during the period. Prudential PLC’s holdings in MercadoLibre were worth $22,367,000 as of its most recent filing with the SEC.
Other institutional investors also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC bought a new stake in MercadoLibre in the second quarter worth about $29,000. Steigerwald Gordon & Koch Inc. bought a new position in shares of MercadoLibre during the 3rd quarter valued at approximately $35,000. Cullen Frost Bankers Inc. grew its position in shares of MercadoLibre by 100.0% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 16 shares of the company’s stock valued at $37,000 after acquiring an additional 8 shares during the period. Rothschild Investment LLC increased its stake in shares of MercadoLibre by 35.7% during the 3rd quarter. Rothschild Investment LLC now owns 19 shares of the company’s stock worth $44,000 after purchasing an additional 5 shares during the last quarter. Finally, Abich Financial Wealth Management LLC purchased a new stake in shares of MercadoLibre during the 3rd quarter worth approximately $47,000. Institutional investors own 87.62% of the company’s stock.
MercadoLibre News Roundup
Here are the key news stories impacting MercadoLibre this week:
- Positive Sentiment: Analysts and commentators still point to MELI’s long track record of “monster” growth and say the stock looks cheaper on valuation metrics versus its historical multiple, which supports a longer‑term recovery thesis. The Latin American Stock Delivering Monster Growth at a Record-Low Valuation
- Neutral Sentiment: Consensus analyst positioning remains skewed positive (many buy/strong‑buy ratings and a substantially higher consensus price target), creating a potential catalyst for a rebound if sentiment stabilizes — but that gap also highlights downside risk while catalysts play out. MercadoLibre’s $2,100 Price Target: Can MELI Recover From Its 17% Monthly Slide?
- Negative Sentiment: JPMorgan downgraded MELI from Overweight to Neutral and cut its price target (from $2,650 to $2,100), explicitly flagging margin pressures and reducing its bullish stance — a primary driver of the recent selloff. MercadoLibre (MELI) Stock Plummets 7% as JPMorgan Abandons Bullish Stance
- Negative Sentiment: MercadoLibre’s plan to invest ~$3.4B in Argentina (expanding logistics, fintech and hiring) is growth‑oriented but raises near‑term margin and cash‑flow concerns; investors are weighing capex upside vs immediate profit pressure. MercadoLibre’s Argentina Bet Expands Logistics And Fintech But Tests Margins
- Negative Sentiment: Macro/geopolitical risk (intensifying U.S.‑Israeli conflict with Iran) has hit growth names and specifically pressured MELI shares in recent sessions as investors move to de‑risk. Why MercadoLibre (MELI) Shares Are Sliding Today
- Negative Sentiment: Short‑term sentiment also reflects recent earnings dynamics (an EPS miss vs. estimates despite strong revenue growth) and analysts’ margin concerns, magnifying downside after the downgrade and headlines. Here’s Why MercadoLibre (MELI) Fell More Than Broader Market
Wall Street Analysts Forecast Growth
Get Our Latest Report on MercadoLibre
MercadoLibre Stock Down 0.6%
MELI opened at $1,670.00 on Friday. MercadoLibre, Inc. has a 12 month low of $1,631.18 and a 12 month high of $2,645.22. The company has a market cap of $84.67 billion, a PE ratio of 42.39, a price-to-earnings-growth ratio of 0.90 and a beta of 1.48. The company has a current ratio of 1.17, a quick ratio of 1.15 and a debt-to-equity ratio of 0.68. The company has a 50 day moving average of $1,996.22 and a 200 day moving average of $2,119.50.
MercadoLibre (NASDAQ:MELI – Get Free Report) last issued its earnings results on Tuesday, February 24th. The company reported $11.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $11.66 by ($0.63). The business had revenue of $8.76 billion for the quarter, compared to the consensus estimate of $8.45 billion. MercadoLibre had a net margin of 6.91% and a return on equity of 33.73%. The company’s revenue was up 44.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $12.61 EPS. On average, sell-side analysts expect that MercadoLibre, Inc. will post 43.96 EPS for the current year.
MercadoLibre Company Profile
MercadoLibre, Inc operates an integrated e-commerce and fintech ecosystem serving consumers and businesses across Latin America. The company provides an online marketplace that connects buyers and sellers for a wide range of goods and services, supported by tools for merchants, advertising, and classifieds. Over time MercadoLibre has expanded beyond its marketplace roots into complementary areas that support digital commerce end to end.
Key offerings include its marketplace platform and a suite of logistics and payment services.
See Also
- Five stocks we like better than MercadoLibre
- A personal warning from Martin Weiss (Please read)
- SpaceX IPO Confirmed: Claim Your Stake Today
- Iran isn’t the real war
- $30 stock to buy before Starlink goes public (WATCH NOW!)
- This coin has everything going for it
Want to see what other hedge funds are holding MELI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MercadoLibre, Inc. (NASDAQ:MELI – Free Report).
Receive News & Ratings for MercadoLibre Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MercadoLibre and related companies with MarketBeat.com's FREE daily email newsletter.
