Runnymede Capital Advisors Inc. Purchases Shares of 757 MercadoLibre, Inc. $MELI

Runnymede Capital Advisors Inc. acquired a new stake in shares of MercadoLibre, Inc. (NASDAQ:MELI) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 757 shares of the company’s stock, valued at approximately $1,525,000.

Other hedge funds also recently modified their holdings of the company. Darwin Wealth Management LLC purchased a new stake in shares of MercadoLibre in the second quarter valued at $29,000. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of MercadoLibre in the third quarter valued at about $35,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of MercadoLibre in the third quarter valued at about $35,000. Cullen Frost Bankers Inc. grew its position in shares of MercadoLibre by 100.0% in the third quarter. Cullen Frost Bankers Inc. now owns 16 shares of the company’s stock valued at $37,000 after purchasing an additional 8 shares during the last quarter. Finally, Holos Integrated Wealth LLC bought a new stake in shares of MercadoLibre in the fourth quarter valued at about $32,000. Hedge funds and other institutional investors own 87.62% of the company’s stock.

More MercadoLibre News

Here are the key news stories impacting MercadoLibre this week:

• Positive Sentiment: Jefferies upgraded MELI to Buy, arguing that recent investments into logistics, payments and technology are strengthening revenue drivers and should pay off over time. Read More.
• Positive Sentiment: Jefferies set a $2,600 price target and highlighted the investment-led thesis; the upgrade has renewed investor interest and supports a re-rating of the stock. Read More.
• Positive Sentiment: Brokerage coverage is broadly supportive: MELI carries a consensus rating of “Moderate Buy,” which reinforces the positive sentiment from the Jefferies call. Read More.
• Neutral Sentiment: Market reports note MELI recently outperformed the broader market, reflecting short-term momentum following the analyst activity rather than new company-specific disclosures. Read More.
• Negative Sentiment: Some coverage highlights conflicting analyst views on MELI and residual risks (execution, margin pressure from investments), signaling that not all analysts are aligned on valuation upside. Read More.

MercadoLibre Price Performance

MELI opened at $1,775.74 on Thursday. The company has a fifty day moving average price of $1,830.97 and a two-hundred day moving average price of $2,027.01. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.15 and a current ratio of 1.17. MercadoLibre, Inc. has a 52 week low of $1,593.21 and a 52 week high of $2,645.22. The firm has a market capitalization of $90.03 billion, a PE ratio of 45.07, a P/E/G ratio of 0.90 and a beta of 1.49.

MercadoLibre (NASDAQ:MELI) last released its earnings results on Saturday, February 14th. The company reported $11.03 EPS for the quarter. MercadoLibre had a net margin of 6.91% and a return on equity of 33.73%. The firm had revenue of $8.76 billion during the quarter. As a group, analysts anticipate that MercadoLibre, Inc. will post 43.96 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on MELI. Cantor Fitzgerald reduced their target price on shares of MercadoLibre from $2,750.00 to $2,400.00 and set an “overweight” rating for the company in a research note on Wednesday, February 25th. Itau BBA Securities restated an “outperform” rating on shares of MercadoLibre in a research note on Wednesday, February 25th. Barclays cut their price target on shares of MercadoLibre from $2,900.00 to $2,600.00 and set an “overweight” rating for the company in a research note on Wednesday, February 25th. Morgan Stanley cut their price target on shares of MercadoLibre from $2,800.00 to $2,600.00 and set an “overweight” rating for the company in a research note on Monday, March 9th. Finally, Zacks Research upgraded shares of MercadoLibre from a “strong sell” rating to a “hold” rating in a research note on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $2,695.33.

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.