Rep. Gilbert Ray Cisneros, Jr. Acquires Shares of MercadoLibre, Inc. (NASDAQ:MELI)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of MercadoLibre, Inc. (NASDAQ:MELI). In a filing disclosed on February 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in MercadoLibre stock on January 30th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Banco Santander (NYSE:SAN) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Leonardo (OTCMKTS:FINMF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of Transdigm Group (NYSE:TDG) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of Cloudflare (NYSE:NET) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 1/30/2026.

MercadoLibre Price Performance

MELI traded up $0.32 during trading on Friday, reaching $1,996.87. The stock had a trading volume of 361,050 shares, compared to its average volume of 486,008. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.15 and a current ratio of 1.17. The business has a 50-day moving average of $2,062.15 and a 200-day moving average of $2,180.65. MercadoLibre, Inc. has a one year low of $1,723.90 and a one year high of $2,645.22. The stock has a market cap of $101.24 billion, a PE ratio of 48.73, a PEG ratio of 0.99 and a beta of 1.44.

Insider Buying and Selling at MercadoLibre

In other MercadoLibre news, Director Emiliano Calemzuk sold 45 shares of the stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $2,027.37, for a total value of $91,231.65. Following the completion of the sale, the director owned 257 shares in the company, valued at approximately $521,034.09. This trade represents a 14.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Stelleo Tolda sold 246 shares of MercadoLibre stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $2,047.88, for a total value of $503,778.48. The disclosure for this sale is available in the SEC filing. Insiders sold 1,136 shares of company stock valued at $2,308,788 in the last 90 days. Insiders own 0.25% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in MELI. Sunbelt Securities Inc. raised its holdings in MercadoLibre by 17.5% during the 4th quarter. Sunbelt Securities Inc. now owns 309 shares of the company’s stock valued at $622,000 after buying an additional 46 shares during the last quarter. Atmos Capital Gestao DE Recursos LTDA. increased its position in shares of MercadoLibre by 415.1% in the fourth quarter. Atmos Capital Gestao DE Recursos LTDA. now owns 75,535 shares of the company’s stock valued at $152,147,000 after acquiring an additional 60,870 shares during the period. White Knight Strategic Wealth Advisors LLC raised its stake in shares of MercadoLibre by 10.3% during the fourth quarter. White Knight Strategic Wealth Advisors LLC now owns 770 shares of the company’s stock valued at $1,551,000 after acquiring an additional 72 shares during the last quarter. Vancity Investment Management Ltd boosted its holdings in shares of MercadoLibre by 114.6% during the fourth quarter. Vancity Investment Management Ltd now owns 9,067 shares of the company’s stock worth $18,263,000 after purchasing an additional 4,842 shares during the period. Finally, Mcguire Capital Advisors Inc. bought a new stake in shares of MercadoLibre in the fourth quarter worth about $66,000. Institutional investors own 87.62% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on MELI shares. BTIG Research reissued a “buy” rating and set a $2,750.00 price objective on shares of MercadoLibre in a report on Wednesday, February 4th. 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 lifted their price target on shares of MercadoLibre from $2,850.00 to $2,950.00 and gave the stock an “overweight” rating in a research note on Monday, November 3rd. JPMorgan Chase & Co. raised shares of MercadoLibre from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $2,650.00 to $2,800.00 in a research note on Thursday, February 12th. Finally, UBS Group reduced their target price on shares of MercadoLibre from $3,000.00 to $2,900.00 and set a “buy” rating on the stock in a report on Monday, November 24th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, MercadoLibre has an average rating of “Moderate Buy” and an average price target of $2,872.00.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.