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

Acima Private Wealth LLC cut its stake in MercadoLibre, Inc. (NASDAQ:MELI) by 57.0% in the third quarter, Holdings Channel reports. 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 at the end of the most recent quarter.

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

MercadoLibre News Summary

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

Several brokerages have issued reports on MELI. New Street Research assumed coverage on MercadoLibre in a research report on Wednesday, September 23rd. They set a “buy” rating and a $2,450.00 target price for the company. Weiss Ratings reissued a “hold (c)” rating on shares of MercadoLibre in a research note on Tuesday, September 29th. BTIG Research restated a “buy” rating and set a $2,150.00 price objective on shares of MercadoLibre in a report on Thursday, September 3rd. Zacks Research raised MercadoLibre from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. Finally, JPMorgan Chase & Co. increased their target price on MercadoLibre from $1,900.00 to $2,150.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 11th. Twelve investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $2,283.12.

MercadoLibre Trading Up 9.7%

MercadoLibre stock traded up $164.05 during trading hours on Monday, hitting $1,860.61. The company had a trading volume of 1,258,364 shares, compared to its average volume of 543,779. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.10 and a current ratio of 1.12. The firm has a market cap of $94.33 billion, a P/E ratio of 50.60, a P/E/G ratio of 1.19 and a beta of 1.31. The company has a 50-day moving average price of $1,863.81 and a two-hundred day moving average price of $1,769.78. MercadoLibre, Inc. has a 1 year low of $1,495.00 and a 1 year high of $2,428.00.

MercadoLibre (NASDAQ:MELI) last issued its earnings results 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 for the quarter, compared to analyst estimates of $9.79 billion. During the same period last year, the company posted $10.31 earnings per share. The company’s quarterly revenue was up 49.8% compared to the same quarter last year. On average, sell-side analysts anticipate that MercadoLibre, Inc. will post 38.29 earnings per share for the current year.

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.