Meridian Wealth Management LLC Buys 328 Shares of MercadoLibre, Inc. $MELI

Meridian Wealth Management LLC increased its stake in shares of MercadoLibre, Inc. (NASDAQ:MELI) by 183.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 507 shares of the company’s stock after purchasing an additional 328 shares during the quarter. Meridian Wealth Management LLC’s holdings in MercadoLibre were worth $1,021,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of MELI. Assenagon Asset Management S.A. grew its stake in shares of MercadoLibre by 803.4% during the fourth quarter. Assenagon Asset Management S.A. now owns 333,455 shares of the company’s stock valued at $671,665,000 after purchasing an additional 296,543 shares during the last quarter. Flossbach Von Storch SE grew its stake in shares of MercadoLibre by 1,669.4% during the third quarter. Flossbach Von Storch SE now owns 181,719 shares of the company’s stock valued at $424,666,000 after purchasing an additional 171,449 shares during the last quarter. Baillie Gifford & Co. grew its stake in shares of MercadoLibre by 4.9% during the fourth quarter. Baillie Gifford & Co. now owns 3,481,563 shares of the company’s stock valued at $7,012,773,000 after purchasing an additional 164,120 shares during the last quarter. Wellington Management Group LLP grew its stake in shares of MercadoLibre by 28.4% during the third quarter. Wellington Management Group LLP now owns 493,770 shares of the company’s stock valued at $1,153,911,000 after purchasing an additional 109,228 shares during the last quarter. Finally, Franklin Resources Inc. grew its stake in shares of MercadoLibre by 29.0% during the third quarter. Franklin Resources Inc. now owns 418,002 shares of the company’s stock valued at $976,846,000 after purchasing an additional 93,854 shares during the last quarter. 87.62% of the stock is owned by institutional investors.

Key Headlines Impacting MercadoLibre

Here are the key news stories impacting MercadoLibre this week:

• Positive Sentiment: Michael Burry disclosed a new full position in MercadoLibre, which may signal confidence in the stock’s long-term outlook despite recent weakness. MercadoLibre breaks below 50% retracement as Burry buys post-earnings dip
• Positive Sentiment: Some commentary argues that falling margins reflect strategic reinvestment that could support long-term ecosystem growth in commerce and fintech. MercadoLibre’s Margins Are Falling – And That’s Bullish
• Neutral Sentiment: JPMorgan lowered its price target on MELI to $1,900 from $2,100 while keeping a neutral rating, suggesting valuation concerns but not a bearish outright stance. JPMorgan lowers price target on MercadoLibre
• Neutral Sentiment: Several large shareholders reduced their holdings after earnings, while other investors remain willing to buy the dip, highlighting mixed sentiment around reinvestment and margin tradeoffs. MercadoLibre Ownership Shifts Test Confidence In Reinvestment And Margins
• Negative Sentiment: Citi warned that MercadoLibre may face continued margin compression as it keeps investing heavily, reinforcing the market’s concern that profits could stay under pressure near term. MercadoLibre facing continued margin compression amid investment agenda—Citi Research
• Negative Sentiment: Analysts and market coverage noted that Q1 revenue growth was overshadowed by lower EPS and weaker profitability, which is the main reason MELI shares have been sliding. MercadoLibre (MELI) Is Down 13.1% After Margin Squeeze From Logistics And Fintech Investments

MercadoLibre Trading Down 1.1%

Shares of NASDAQ MELI opened at $1,562.00 on Thursday. The company’s 50 day simple moving average is $1,741.56 and its 200 day simple moving average is $1,952.14. MercadoLibre, Inc. has a fifty-two week low of $1,495.00 and a fifty-two week high of $2,645.22. The firm has a market capitalization of $79.19 billion, a P/E ratio of 41.22, a P/E/G ratio of 0.94 and a beta of 1.41. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.16 and a quick ratio of 1.15.

MercadoLibre (NASDAQ:MELI) last announced its quarterly earnings data 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). The business had revenue of $8.85 billion during the quarter, compared to analyst estimates of $8.29 billion. MercadoLibre had a net margin of 6.04% and a return on equity of 29.58%. The company’s quarterly revenue was up 49.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $9.74 earnings per share. On average, analysts predict that MercadoLibre, Inc. will post 42.53 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on MELI. Barclays cut their price objective on shares of MercadoLibre from $2,500.00 to $2,300.00 and set an “overweight” rating on the stock in a report on Monday. JPMorgan Chase & Co. cut their price objective on shares of MercadoLibre from $2,100.00 to $1,900.00 and set a “neutral” rating on the stock in a report on Wednesday. Jefferies Financial Group upgraded shares of MercadoLibre from a “hold” rating to a “buy” rating and cut their price objective for the company from $2,800.00 to $2,600.00 in a report on Tuesday, April 7th. BTIG Research cut their price objective on shares of MercadoLibre from $2,400.00 to $2,150.00 and set a “buy” rating on the stock in a report on Friday, May 8th. Finally, Citigroup lowered shares of MercadoLibre from a “buy” rating to a “neutral” rating and cut their price objective for the company from $2,200.00 to $1,950.00 in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $2,255.33.

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.