Partners Wealth Management LLC Makes New Investment in MercadoLibre, Inc. $MELI

Partners Wealth Management LLC purchased a new position in shares of MercadoLibre, Inc. (NASDAQ:MELI) in the 3rd quarter, Holdings Channel reports. The firm purchased 406 shares of the company’s stock, valued at approximately $702,000.

Other hedge funds also recently bought and sold shares of the company. Soltis Investment Advisors LLC acquired a new stake in shares of MercadoLibre during the third quarter valued at $245,000. Brooklands Fund Management Ltd acquired a new position in MercadoLibre in the 3rd quarter valued at about $31,632,000. Bosman Wealth Management LLC raised its stake in MercadoLibre by 100.0% in the 3rd quarter. Bosman Wealth Management LLC now owns 710 shares of the company’s stock valued at $1,227,000 after purchasing an additional 355 shares during the last quarter. China Universal Asset Management Co. Ltd. raised its stake in MercadoLibre by 44.8% in the 3rd quarter. China Universal Asset Management Co. Ltd. now owns 2,848 shares of the company’s stock valued at $4,913,000 after purchasing an additional 881 shares during the last quarter. Finally, D.A. Davidson & CO. lifted its holdings in MercadoLibre by 3.5% in the 3rd quarter. D.A. Davidson & CO. now owns 3,409 shares of the company’s stock valued at $5,893,000 after purchasing an additional 114 shares in the last quarter. Hedge funds and other institutional investors own 87.62% of the company’s stock.

MercadoLibre News Roundup

Here are the key news stories impacting MercadoLibre this week:

• Positive Sentiment: Citigroup upgraded MercadoLibre to Buy, providing a supportive analyst signal and suggesting the bank sees upside potential in the shares. MercadoLibre Raised to Buy at Citigroup
• Positive Sentiment: MercadoLibre received bullish calls in a Wall Street market wrap, indicating that some market participants remain constructive on the Latin American e-commerce and fintech company ahead of its results. Stocktwits Wall Street Wrap
• Neutral Sentiment: Third-quarter results are scheduled for November 4, 2026. MercadoLibre will report results for the quarter ended September 30, making the release the primary upcoming driver for the stock. MercadoLibre to Report Third Quarter 2026 Financial Results
• Negative Sentiment: The stock fell more sharply than the broader market, suggesting company-specific selling pressure rather than simply a broad market move. The decline comes as investors position for the earnings announcement and assess whether expectations are already reflected in MELI’s valuation. MercadoLibre Falls More Steeply Than Broader Market

MercadoLibre Price Performance

MELI stock opened at $1,624.53 on Friday. MercadoLibre, Inc. has a 52-week low of $1,495.00 and a 52-week high of $2,419.78. The stock’s fifty day simple moving average is $1,840.65 and its 200-day simple moving average is $1,815.89. The company has a quick ratio of 1.10, a current ratio of 1.12 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $82.36 billion, a price-to-earnings ratio of 44.18, a price-to-earnings-growth ratio of 1.14 and a beta of 1.31.

MercadoLibre (NASDAQ:MELI) last announced its quarterly earnings data on Thursday, August 6th. The company reported $9.19 EPS for the quarter, beating analysts’ consensus estimates of $8.65 by $0.54. The business had revenue of $10.17 billion during the quarter, compared to the consensus estimate of $9.79 billion. MercadoLibre had a return on equity of 26.54% and a net margin of 5.30%. The business’s revenue for the quarter was up 49.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $10.31 earnings per share. Equities research analysts expect that MercadoLibre, Inc. will post 38.09 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. New Street Research began coverage on shares of MercadoLibre in a report on Wednesday, September 23rd. They issued a “buy” rating and a $2,450.00 target price on the stock. Zacks Research upgraded shares of MercadoLibre from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Susquehanna boosted their price objective on shares of MercadoLibre to $2,400.00 and gave the company a “positive” rating in a research report on Tuesday, October 6th. Weiss Ratings reissued a “hold (c)” rating on shares of MercadoLibre in a research note on Tuesday, September 29th. Finally, JPMorgan Chase & Co. upped their price objective on shares of MercadoLibre from $1,900.00 to $2,150.00 and gave the company a “neutral” rating in a research note on Tuesday, August 11th. Thirteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $2,248.75.

MercadoLibre Company Profile

MercadoLibre, Inc is a technology company that operates an online commerce and financial services ecosystem across Latin America. Founded in 1999 by Marcos Galperin, the company initially developed an online marketplace and has expanded into a broad platform connecting buyers and sellers with businesses and consumers.

Its commerce operations include the MercadoLibre marketplace, where users can purchase and sell products across numerous categories. The company also offers supporting services such as Mercado Envíos for shipping and logistics, Mercado Ads for digital advertising, and tools for merchants to manage their online businesses.

MercadoLibre’s financial technology business is centered on Mercado Pago, which provides digital payment processing, online checkout, money transfer and account services.