Retirement Planning Group LLC acquired a new stake in shares of MercadoLibre, Inc. (NASDAQ:MELI – Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 301 shares of the company’s stock, valued at approximately $520,000.
Other institutional investors have also recently added to or reduced their stakes in the company. Interchange Capital Partners LLC grew its holdings in shares of MercadoLibre by 2.1% during the fourth quarter. Interchange Capital Partners LLC now owns 243 shares of the company’s stock worth $490,000 after buying an additional 5 shares in the last quarter. Cornerstone Select Advisors LLC lifted its stake in shares of MercadoLibre by 2.9% during the fourth quarter. Cornerstone Select Advisors LLC now owns 176 shares of the company’s stock valued at $355,000 after buying an additional 5 shares during the period. Mitchell Capital Management Co. lifted its stake in shares of MercadoLibre by 0.4% during the fourth quarter. Mitchell Capital Management Co. now owns 1,262 shares of the company’s stock valued at $2,542,000 after buying an additional 5 shares during the period. Strategic Advisors LLC boosted its position in MercadoLibre by 0.4% during the fourth quarter. Strategic Advisors LLC now owns 1,273 shares of the company’s stock worth $2,564,000 after acquiring an additional 5 shares during the last quarter. Finally, Laird Norton Wetherby Wealth Management LLC boosted its position in MercadoLibre by 2.0% during the third quarter. Laird Norton Wetherby Wealth Management LLC now owns 259 shares of the company’s stock worth $605,000 after acquiring an additional 5 shares during the last quarter. Institutional investors and hedge funds own 87.62% of the company’s stock.
Insider Buying and Selling
In other news, Director Alejandro Nicolas Aguzin acquired 600 shares of the business’s stock in a transaction dated Friday, May 22nd. The shares were bought at an average cost of $1,655.93 per share, for a total transaction of $993,558.00. Following the acquisition, the director directly owned 5,355 shares in the company, valued at $8,867,505.15. This trade represents a 12.62% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.26% of the stock is owned by corporate insiders.
Key Headlines Impacting MercadoLibre
- Positive Sentiment: Analyst chatter remains constructive overall, with Zacks noting MercadoLibre was upgraded from “strong sell” to “hold,” and other reports highlighting a favorable average brokerage rating and continued solid credit performance in Mercado Pago Brazil. Article Title
- Positive Sentiment: MercadoLibre is being viewed as a promising fintech and e-commerce growth story, with recent commentary citing strong engagement, cross-border trade growth, and improving scale across Latin America. Article Title
- Neutral Sentiment: The company released investor-relations podcast content focused on Mercado Pago Brazil, credit quality, and growth opportunities, which helps reinforce management’s long-term strategy but does not appear to be a major new catalyst. Article Title
- Neutral Sentiment: Several articles frame MELI as potentially attractive on valuation after a pullback, but these are largely opinion pieces rather than direct new business updates. Article Title
- Negative Sentiment: Bearish pressure comes from reports emphasizing MercadoLibre’s heavy spending on free shipping, fulfillment, and credit-card growth, which may keep margins under pressure in the near term even as revenue growth stays strong. Article Title
MercadoLibre Stock Down 1.7%
Shares of NASDAQ MELI opened at $1,842.50 on Thursday. MercadoLibre, Inc. has a 52-week low of $1,495.00 and a 52-week high of $2,548.50. The firm has a fifty day moving average of $1,678.53 and a 200-day moving average of $1,823.79. The stock has a market capitalization of $93.41 billion, a PE ratio of 48.63, a P/E/G ratio of 1.15 and a beta of 1.35. The company has a quick ratio of 1.14, a current ratio of 1.16 and a debt-to-equity ratio of 0.63.
MercadoLibre (NASDAQ:MELI – Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported $8.23 earnings per share for the quarter, missing the consensus estimate of $8.75 by ($0.52). MercadoLibre had a return on equity of 29.58% and a net margin of 6.04%.The firm had revenue of $8.85 billion during the quarter, compared to analysts’ expectations of $8.29 billion. During the same period last year, the business posted $9.74 earnings per share. The company’s quarterly revenue was up 49.0% compared to the same quarter last year. On average, analysts anticipate that MercadoLibre, Inc. will post 41 EPS for the current year.
Wall Street Analysts Forecast Growth
MELI has been the subject of several analyst reports. UBS Group cut their price target on MercadoLibre from $2,050.00 to $1,750.00 and set a “neutral” rating for the company in a report on Wednesday, May 13th. Weiss Ratings restated a “hold (c)” rating on shares of MercadoLibre in a report on Thursday, July 2nd. JPMorgan Chase & Co. lowered their price objective on MercadoLibre from $2,100.00 to $1,900.00 and set a “neutral” rating for the company in a research report on Wednesday, May 13th. Zacks Research upgraded MercadoLibre from a “strong sell” rating to a “hold” rating in a research note on Monday. Finally, Citigroup increased their target price on MercadoLibre from $1,950.00 to $2,000.00 and gave the stock a “neutral” rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $2,258.67.
Read Our Latest Stock Report on MELI
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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