Private Advisor Group LLC lifted its stake in MercadoLibre, Inc. (NASDAQ:MELI – Free Report) by 13.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,901 shares of the company’s stock after acquiring an additional 347 shares during the period. Private Advisor Group LLC’s holdings in MercadoLibre were worth $6,780,000 at the end of the most recent quarter.
Other hedge funds have also recently made changes to their positions in the company. Highview Capital Management LLC DE bought a new position in MercadoLibre in the second quarter worth about $559,000. Weitz Investment Management Inc. bought a new stake in shares of MercadoLibre in the 3rd quarter valued at about $8,647,000. Barlow Wealth Partners Inc. grew its position in shares of MercadoLibre by 126.7% in the 3rd quarter. Barlow Wealth Partners Inc. now owns 11,505 shares of the company’s stock worth $26,886,000 after buying an additional 6,429 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of MercadoLibre by 14.3% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 86,699 shares of the company’s stock worth $202,610,000 after buying an additional 10,849 shares during the last quarter. Finally, Principal Financial Group Inc. raised its stake in shares of MercadoLibre by 18.7% during the 3rd quarter. Principal Financial Group Inc. now owns 48,103 shares of the company’s stock worth $112,414,000 after acquiring an additional 7,570 shares in the last quarter. 87.62% of the stock is currently owned by hedge funds and other institutional investors.
MercadoLibre News Summary
Here are the key news stories impacting MercadoLibre this week:
- Positive Sentiment: Many analysts remain constructive on MELI over the longer term — consensus still shows heavy buy/support and a well-above-current average price target, underscoring that several firms view the pullback as a buying opportunity. Article Title
- Neutral Sentiment: Morgan Stanley trimmed its price target to $2,600 — a downgrade in view but still a level implying meaningful upside versus today’s price, reflecting mixed near-term views but continued fundamental support from some large brokers. Article Title
- Neutral Sentiment: MercadoLibre committed $3.4 billion of investment in Argentina for 2026 (logistics, tech, fintech) — this should support long-term market share and growth but will pressure margins and cash flow in the near term. Article Title
- Negative Sentiment: JPMorgan downgraded MELI from Overweight to Neutral and cut its price target to $2,100, flagging margin pressure from heavy reinvestment — that call triggered immediate selling and is the main proximate cause of today’s decline. Article Title
- Negative Sentiment: Broader concerns are weighing on risk-assets: investors are pricing in margin compression from continued heavy spending (logistics, credit expansion, marketing) and short-term geopolitical risk that has amplified selling in the session. Recent coverage highlights the margin squeeze and macro/geopolitical sensitivity. Article Title
MercadoLibre Stock Down 4.9%
MercadoLibre (NASDAQ:MELI – Get Free Report) last posted its quarterly earnings results on Tuesday, February 24th. The company reported $11.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $11.66 by ($0.63). MercadoLibre had a return on equity of 33.73% and a net margin of 6.91%.The company had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.45 billion. During the same period in the prior year, the business posted $12.61 EPS. The company’s quarterly revenue was up 44.6% on a year-over-year basis. Analysts anticipate that MercadoLibre, Inc. will post 43.96 EPS for the current year.
Analysts Set New Price Targets
A number of equities research analysts recently commented on MELI shares. Zacks Research raised shares of MercadoLibre from a “strong sell” rating to a “hold” rating in a research report on Friday, February 6th. BTIG Research cut their price target on shares of MercadoLibre from $2,750.00 to $2,650.00 and set a “buy” rating on the stock in a report on Wednesday, February 25th. Cantor Fitzgerald reduced their price target on MercadoLibre from $2,750.00 to $2,400.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 25th. Barclays decreased their price objective on MercadoLibre from $2,900.00 to $2,600.00 and set an “overweight” rating for the company in a report on Wednesday, February 25th. Finally, Itau BBA Securities restated an “outperform” rating on shares of MercadoLibre in a research note on Wednesday, February 25th. One research 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 company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $2,725.33.
Read Our Latest Analysis on MercadoLibre
About MercadoLibre
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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