Meridian Wealth Management LLC Has $1.02 Million Stock Holdings in MercadoLibre, Inc. $MELI

Meridian Wealth Management LLC grew its position in MercadoLibre, Inc. (NASDAQ:MELI) by 183.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 507 shares of the company’s stock after purchasing an additional 328 shares during the period. Meridian Wealth Management LLC’s holdings in MercadoLibre were worth $1,021,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Baillie Gifford & Co. raised its holdings in MercadoLibre by 4.9% in the fourth quarter. Baillie Gifford & Co. now owns 3,481,563 shares of the company’s stock worth $7,012,773,000 after purchasing an additional 164,120 shares during the period. Capital Research Global Investors raised its holdings in shares of MercadoLibre by 3.4% during the third quarter. Capital Research Global Investors now owns 1,816,092 shares of the company’s stock worth $4,244,604,000 after acquiring an additional 59,838 shares during the period. Capital World Investors raised its holdings in shares of MercadoLibre by 1.3% during the third quarter. Capital World Investors now owns 1,740,129 shares of the company’s stock worth $4,067,194,000 after acquiring an additional 22,659 shares during the period. Schroder Investment Management Group raised its holdings in shares of MercadoLibre by 9.8% during the third quarter. Schroder Investment Management Group now owns 572,726 shares of the company’s stock worth $1,432,565,000 after acquiring an additional 50,893 shares during the period. Finally, WCM Investment Management LLC raised its holdings in shares of MercadoLibre by 0.4% during the third quarter. WCM Investment Management LLC now owns 497,518 shares of the company’s stock worth $1,244,447,000 after acquiring an additional 1,833 shares during the period. 87.62% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

MELI has been the topic of a number of research analyst reports. Citigroup lowered shares of MercadoLibre from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $2,200.00 to $1,950.00 in a report on Wednesday. Jefferies Financial Group upgraded shares of MercadoLibre from a “hold” rating to a “buy” rating and dropped their price objective for the stock from $2,800.00 to $2,600.00 in a report on Tuesday, April 7th. UBS Group dropped their price objective on shares of MercadoLibre from $2,050.00 to $1,750.00 and set a “neutral” rating on the stock in a report on Wednesday. Itau BBA Securities restated an “outperform” rating on shares of MercadoLibre in a report on Wednesday, February 25th. Finally, Scotiabank dropped their price objective on shares of MercadoLibre from $3,500.00 to $2,800.00 and set a “sector outperform” rating on the stock in a report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $2,255.33.

Key Stories 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 Stock Down 1.1%

MercadoLibre stock opened at $1,562.00 on Thursday. The company has a market cap of $79.19 billion, a P/E ratio of 41.22, a price-to-earnings-growth ratio of 0.94 and a beta of 1.41. MercadoLibre, Inc. has a 1-year low of $1,495.00 and a 1-year high of $2,645.22. The company has a fifty day simple moving average of $1,741.56 and a 200 day simple moving average of $1,952.14. The company has a current ratio of 1.16, a quick ratio of 1.15 and a debt-to-equity ratio of 0.63.

MercadoLibre (NASDAQ:MELI) last released its earnings results on Thursday, May 7th. The company reported $8.23 earnings per share for the quarter, missing analysts’ consensus estimates of $8.75 by ($0.52). The business had revenue of $8.85 billion during the quarter, compared to the consensus estimate of $8.29 billion. MercadoLibre had a net margin of 6.04% and a return on equity of 29.58%. The firm’s revenue for the quarter was up 49.0% on a year-over-year basis. During the same period last year, the business posted $9.74 EPS. Research analysts anticipate that MercadoLibre, Inc. will post 42.53 earnings per share for the current fiscal year.

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.