MercadoLibre, Inc. $MELI Stake Trimmed by Acima Private Wealth LLC

Acima Private Wealth LLC cut its position in MercadoLibre, Inc. (NASDAQ:MELI) by 57.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 318 shares of the company’s stock after selling 421 shares during the period. Acima Private Wealth LLC’s holdings in MercadoLibre were worth $550,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of MELI. Ridgewood Investments LLC grew its position in shares of MercadoLibre by 19.1% during the third quarter. Ridgewood Investments LLC now owns 193 shares of the company’s stock worth $334,000 after purchasing an additional 31 shares in the last quarter. Polaris Financial Partners bought a new position in MercadoLibre in the 3rd quarter worth approximately $59,000. Versant Capital Management Inc grew its holdings in MercadoLibre by 40.4% during the 3rd quarter. Versant Capital Management Inc now owns 212 shares of the company’s stock valued at $367,000 after buying an additional 61 shares in the last quarter. QRG Capital Management Inc. grew its holdings in MercadoLibre by 14.2% during the 2nd quarter. QRG Capital Management Inc. now owns 193 shares of the company’s stock valued at $328,000 after buying an additional 24 shares in the last quarter. Finally, Andra AP fonden bought a new stake in shares of MercadoLibre during the second quarter valued at approximately $2,156,000. 87.62% of the stock is currently owned by institutional investors.

MercadoLibre Price Performance

MercadoLibre stock traded up $164.05 during mid-day trading on Monday, reaching $1,860.61. 1,258,364 shares of the company’s stock traded hands, compared to its average volume of 543,779. The company has a market cap of $94.33 billion, a price-to-earnings ratio of 50.60, a PEG ratio of 1.19 and a beta of 1.31. The stock has a 50 day moving average of $1,863.81 and a two-hundred day moving average of $1,769.78. The company has a quick ratio of 1.10, a current ratio of 1.12 and a debt-to-equity ratio of 0.53. MercadoLibre, Inc. has a 12-month low of $1,495.00 and a 12-month high of $2,428.00.

MercadoLibre (NASDAQ:MELI) last issued its quarterly earnings data on Thursday, August 6th. The company reported $9.19 EPS for the quarter, topping analysts’ consensus estimates of $8.65 by $0.54. MercadoLibre had a net margin of 5.30% and a return on equity of 26.54%. The business had revenue of $10.17 billion during the quarter, compared to analysts’ expectations of $9.79 billion. During the same period last year, the company posted $10.31 EPS. The business’s revenue was up 49.8% on a year-over-year basis. Equities analysts forecast that MercadoLibre, Inc. will post 38.29 earnings per share for the current year.

Key Stories Impacting MercadoLibre

Here are the key news stories impacting MercadoLibre this week:

• Positive Sentiment: MercadoLibre’s gross merchandise volume increased 44% in the second quarter, supported by higher buyer engagement, seller expansion, and cross-border commerce across Latin America. The company’s broad e-commerce and fintech ecosystem could provide additional room for growth. MercadoLibre’s GMV Growth Has More Room to Run Across Markets
• Positive Sentiment: Analyst sentiment remains constructive, with Wall Street recommendations generally supporting a bullish case for MELI. Such ratings can improve investor confidence, particularly after the stock’s recent underperformance. Is MercadoLibre a Buy as Wall Street Analysts Look Optimistic?
• Positive Sentiment: Several reports argue that heavy investments in logistics, payments, and growth initiatives may be beginning to generate stronger returns. MercadoLibre’s revenue momentum has also outpaced Coupang’s, reinforcing its position as a leading international e-commerce growth company. Michael Burry and Hedge Funds Agree on This Beaten Down Stock Coupang vs. MercadoLibre: What Revenue Trends Tell Investors
• Neutral Sentiment: Comparisons with Uber and other companies frame MercadoLibre as a high-growth e-commerce and fintech leader, but investors must weigh that growth against competitors’ stronger profitability profiles. MercadoLibre vs. Uber Technologies
• Negative Sentiment: Profit declines and elevated spending remain key risks. The stock has also fallen over the past year, reflecting investor concern that rapid growth has not yet translated into consistent earnings leverage. Is MercadoLibre Finally Ready to Pay Off on Its Promise? MercadoLibre Costs Around $1,700 a Share

Analyst Ratings Changes

MELI has been the subject of a number of research reports. Citigroup upped their target price on shares of MercadoLibre from $1,950.00 to $2,000.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 15th. Cantor Fitzgerald increased their price objective on shares of MercadoLibre from $2,150.00 to $2,300.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. BTIG Research restated a “buy” rating and set a $2,150.00 price objective on shares of MercadoLibre in a research report on Thursday, September 3rd. New Street Research began coverage on MercadoLibre in a report on Wednesday, September 23rd. They issued a “buy” rating and a $2,450.00 target price on the stock. Finally, JPMorgan Chase & Co. boosted their target price on MercadoLibre from $1,900.00 to $2,150.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 11th. Twelve equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $2,283.12.

MercadoLibre Profile

MercadoLibre, Inc (NASDAQ:MELI) operates a technology platform serving commerce and financial-services customers across Latin America. Its online marketplace connects buyers and sellers, offering products across categories including electronics, apparel, home goods, automotive products and consumer packaged goods.

The company also provides a range of supporting services, including Mercado Pago, a digital payments platform that enables online and in-person transactions, money transfers and other financial services.