MercadoLibre, Inc. $MELI Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. lessened its position in shares of MercadoLibre, Inc. (NASDAQ:MELI) by 71.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 94,687 shares of the company’s stock after selling 236,866 shares during the period. Assenagon Asset Management S.A.’s holdings in MercadoLibre were worth $160,721,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in MELI. Bison Wealth LLC acquired a new stake in shares of MercadoLibre during the 4th quarter valued at approximately $206,000. Empowered Funds LLC lifted its stake in MercadoLibre by 6.9% during the first quarter. Empowered Funds LLC now owns 760 shares of the company’s stock worth $1,483,000 after purchasing an additional 49 shares during the last quarter. Focus Partners Wealth lifted its stake in MercadoLibre by 42.0% during the first quarter. Focus Partners Wealth now owns 602 shares of the company’s stock worth $1,176,000 after purchasing an additional 178 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in MercadoLibre in the second quarter worth $261,000. Finally, Gamco Investors INC. ET AL boosted its holdings in MercadoLibre by 21.4% in the second quarter. Gamco Investors INC. ET AL now owns 170 shares of the company’s stock worth $444,000 after purchasing an additional 30 shares during the period. Institutional investors and hedge funds own 87.62% of the company’s stock.

Key MercadoLibre News

Here are the key news stories impacting MercadoLibre this week:

• Positive Sentiment: Q2 revenue rose 49.8% year over year to $10.17 billion, exceeding the $9.79 billion consensus estimate, while GAAP EPS of $9.19 also topped expectations. The quarter marked MercadoLibre’s first time surpassing $10 billion in quarterly revenue. Mercado Libre Q2 2026 Revenue Surpasses $10 Billion
• Positive Sentiment: Commerce and fintech engagement continued to strengthen. Lowering Brazil’s free-shipping threshold reportedly converted more monthly shoppers into daily active users, while advertising revenue climbed 73%, supporting customer acquisition and expansion into lower-income markets. Mercado Libre Free Shipping Converts Monthly Shoppers Into Daily Active Users
• Positive Sentiment: Analysts remained constructive: Cantor Fitzgerald raised its price target to $2,300 and maintained an overweight rating, while BTIG reaffirmed its buy rating with a $2,150 target.
• Neutral Sentiment: Management is prioritizing ecosystem scale and user engagement over near-term profitability, investing in free shipping, first-party inventory, credit, card issuance and artificial intelligence. The strategy could deepen MercadoLibre’s competitive moat, but its payoff depends on sustained future growth. MercadoLibre Q2 Earnings Call Focuses on Engagement Over Margin
• Negative Sentiment: Investors focused on profitability concerns: operating margin was 6.7%, and net margin was 4.6%, with reports citing roughly 550 basis points of margin contraction. Strategic spending is also pressuring cash flow, while the expanding credit portfolio brings exposure to rising nonperforming loans and regional economic headwinds.
• Negative Sentiment: Although EPS beat estimates, it declined from $10.31 a year earlier. The combination of margin compression, increased credit risk and a premium valuation has outweighed the otherwise impressive revenue growth, contributing to the stock’s decrease.

MercadoLibre Trading Down 4.8%

Shares of NASDAQ:MELI opened at $1,830.00 on Friday. The company has a market cap of $92.78 billion, a PE ratio of 49.77, a P/E/G ratio of 1.18 and a beta of 1.34. The company’s 50-day moving average price is $1,745.36 and its 200 day moving average price is $1,796.86. MercadoLibre, Inc. has a fifty-two week low of $1,495.00 and a fifty-two week high of $2,548.50. 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) last posted its earnings results on Wednesday, August 5th. The company reported $9.19 EPS for the quarter, topping the consensus estimate of $8.65 by $0.54. MercadoLibre had a net margin of 5.30% and a return on equity of 27.60%. The firm had revenue of $10.17 billion during the quarter, compared to analysts’ expectations of $9.79 billion. During the same quarter in the prior year, the firm earned $10.31 EPS. MercadoLibre’s quarterly revenue was up 49.8% on a year-over-year basis. Sell-side analysts anticipate that MercadoLibre, Inc. will post 41 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. BTIG Research reissued a “buy” rating and set a $2,150.00 target price on shares of MercadoLibre in a report on Thursday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of MercadoLibre in a research report on Thursday, July 2nd. UBS Group cut their target price on shares of MercadoLibre from $2,050.00 to $1,750.00 and set a “neutral” rating on the stock in a report on Wednesday, May 13th. Morgan Stanley lowered their target price on MercadoLibre from $2,600.00 to $2,450.00 and set an “overweight” rating for the company in a report on Monday, May 11th. Finally, The Goldman Sachs Group set a $2,100.00 price target on MercadoLibre in a research report on Wednesday, May 13th. Eleven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $2,255.33.

Insider Buying and Selling at MercadoLibre

In other MercadoLibre news, Director Alejandro Nicolas Aguzin acquired 600 shares of MercadoLibre stock in a transaction dated Friday, May 22nd. The stock was acquired at an average cost of $1,655.93 per share, for a total transaction of $993,558.00. Following the completion of the transaction, the director owned 5,355 shares in the company, valued at approximately $8,867,505.15. This represents a 12.62% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 0.26% of the company’s stock.

About MercadoLibre

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.