Meyer Handelman Co. Boosts Holdings in MercadoLibre, Inc. $MELI

Meyer Handelman Co. raised its position in shares of MercadoLibre, Inc. (NASDAQ:MELIFree Report) by 335.3% during the fourth quarter, HoldingsChannel reports. The fund owned 444 shares of the company’s stock after acquiring an additional 342 shares during the quarter. Meyer Handelman Co.’s holdings in MercadoLibre were worth $894,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Darwin Wealth Management LLC purchased a new position in shares of MercadoLibre during the 2nd quarter worth about $29,000. Steigerwald Gordon & Koch Inc. bought a new position in MercadoLibre during the 3rd quarter valued at about $35,000. Caitong International Asset Management Co. Ltd purchased a new stake in MercadoLibre in the 3rd quarter worth about $35,000. Cullen Frost Bankers Inc. raised its position in MercadoLibre by 100.0% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 16 shares of the company’s stock worth $37,000 after purchasing an additional 8 shares during the period. Finally, Holos Integrated Wealth LLC bought a new stake in MercadoLibre in the fourth quarter worth about $32,000. Hedge funds and other institutional investors own 87.62% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Weiss Ratings lowered MercadoLibre from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, January 8th. Zacks Research raised MercadoLibre from a “strong sell” rating to a “hold” rating in a research note on Friday, February 6th. Wedbush dropped their price objective on MercadoLibre from $2,600.00 to $2,400.00 and set an “outperform” rating for the company in a report on Wednesday, February 25th. BTIG Research cut their price objective on MercadoLibre from $2,650.00 to $2,400.00 and set a “buy” rating on the stock in a research report on Friday, March 20th. Finally, UBS Group reduced their target price on MercadoLibre from $2,900.00 to $2,700.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. One 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 stock. According to data from MarketBeat.com, MercadoLibre presently has a consensus rating of “Moderate Buy” and a consensus target price of $2,708.67.

Check Out Our Latest Stock Analysis on MercadoLibre

MercadoLibre News Roundup

Here are the key news stories impacting MercadoLibre this week:

  • Positive Sentiment: AI-driven advertising is gaining traction at MercadoLibre, boosting ad spend and revenue visibility; this could lift margins and recurring monetization if adoption continues. Can AI-Driven Advertising Growth Unlock Further Upside for MELI? Zacks: AI-Driven Ad Growth
  • Positive Sentiment: Analyst commentary and bullish write-ups highlight attractive long-term positioning in e-commerce + fintech across Latin America, supporting upside case for patient investors. Seeking Alpha: Attractively Positioned
  • Positive Sentiment: Macro/geopolitical headlines briefly lifted risk assets — MercadoLibre saw an intraday jump after comments signaling a possible de-escalation in the Middle East, showing sensitivity to global risk sentiment. Why MELI Stock Is Up Today
  • Neutral Sentiment: Generation Investment Management’s portfolio commentary includes MELI perspectives — useful context on investor sentiment but not an immediate catalyst. Generation Investment Management Views
  • Negative Sentiment: Mercado Pago is discontinuing its branded cryptocurrency, Mercado Coin — a sign the company is pulling back from a non-core crypto play; this reduces one product line and could raise questions about prior investments and roadmap execution. Reuters: Mercado Coin Terminated
  • Negative Sentiment: Valuation and recent quarterly results remain near-term headwinds — revenue beat but EPS missed expectations, and the stock has pulled back from recent highs as investors weigh margin pressure and execution vs. lofty multiples. Does MELI Offer Value?

MercadoLibre Price Performance

Shares of MELI stock opened at $1,718.97 on Thursday. The company has a market capitalization of $87.15 billion, a P/E ratio of 43.63, a P/E/G ratio of 0.87 and a beta of 1.49. The company’s 50-day simple moving average is $1,879.12 and its two-hundred day simple moving average is $2,051.08. MercadoLibre, Inc. has a one year low of $1,593.21 and a one year high of $2,645.22. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.17 and a quick ratio of 1.15.

MercadoLibre (NASDAQ:MELIGet Free Report) last posted its quarterly earnings results on Tuesday, February 24th. The company reported $11.03 earnings per share for the quarter, missing the consensus estimate of $11.66 by ($0.63). The company 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 business’s revenue was up 44.6% on a year-over-year basis. During the same period in the prior year, the firm posted $12.61 EPS. As a group, equities analysts anticipate that MercadoLibre, Inc. will post 43.96 EPS for the current year.

About MercadoLibre

(Free Report)

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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Institutional Ownership by Quarter for MercadoLibre (NASDAQ:MELI)

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