BNP Paribas decreased its stake in MercadoLibre, Inc. (NASDAQ:MELI – Free Report) by 7.6% in the third quarter, HoldingsChannel reports. The firm owned 4,105 shares of the company’s stock after selling 337 shares during the period. BNP Paribas’ holdings in MercadoLibre were worth $9,603,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of MELI. Ampersand Capital Group L.P. raised its holdings in MercadoLibre by 11.8% during the 3rd quarter. Ampersand Capital Group L.P. now owns 16,866 shares of the company’s stock worth $39,415,000 after buying an additional 1,775 shares during the period. Algert Global LLC boosted its holdings in shares of MercadoLibre by 11.9% in the third quarter. Algert Global LLC now owns 2,795 shares of the company’s stock worth $6,532,000 after buying an additional 298 shares during the period. Ameriprise Financial Inc. increased its position in shares of MercadoLibre by 8.5% in the third quarter. Ameriprise Financial Inc. now owns 294,207 shares of the company’s stock worth $687,190,000 after acquiring an additional 23,005 shares in the last quarter. Creative Planning increased its position in shares of MercadoLibre by 3.8% in the third quarter. Creative Planning now owns 4,732 shares of the company’s stock worth $11,059,000 after acquiring an additional 174 shares in the last quarter. Finally, Durable Capital Partners LP raised its holdings in shares of MercadoLibre by 18.6% during the third quarter. Durable Capital Partners LP now owns 175,436 shares of the company’s stock valued at $409,983,000 after acquiring an additional 27,452 shares during the period. Hedge funds and other institutional investors own 87.62% of the company’s stock.
Wall Street Analyst Weigh In
Several brokerages recently commented on MELI. Dbs Bank upgraded shares of MercadoLibre from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, December 2nd. Morgan Stanley cut their target price on shares of MercadoLibre from $2,800.00 to $2,600.00 and set an “overweight” rating on the stock in a research note on Monday, March 9th. Itau BBA Securities restated an “outperform” rating on shares of MercadoLibre in a report on Wednesday, February 25th. Cantor Fitzgerald decreased their target price on MercadoLibre from $2,750.00 to $2,400.00 and set an “overweight” rating for the company in a research report on Wednesday, February 25th. Finally, Weiss Ratings downgraded MercadoLibre from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $2,725.33.
MercadoLibre Stock Performance
Shares of MELI opened at $1,670.00 on Friday. The company has a market capitalization of $84.67 billion, a PE ratio of 42.39, a PEG ratio of 0.89 and a beta of 1.48. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.15 and a current ratio of 1.17. The company’s 50 day moving average price is $1,996.22 and its 200 day moving average price is $2,117.50. MercadoLibre, Inc. has a 52 week low of $1,631.18 and a 52 week high of $2,645.22.
MercadoLibre (NASDAQ:MELI – Get Free Report) last released 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 company had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.45 billion. MercadoLibre had a return on equity of 33.73% and a net margin of 6.91%.The firm’s quarterly revenue was up 44.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $12.61 EPS. Research analysts expect that MercadoLibre, Inc. will post 43.96 EPS for the current fiscal year.
Key MercadoLibre News
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
MercadoLibre 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.
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