Bamco Inc. NY Acquires 1,120 Shares of MercadoLibre, Inc. $MELI

Bamco Inc. NY raised its holdings in shares of MercadoLibre, Inc. (NASDAQ:MELI) by 1.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 62,634 shares of the company’s stock after buying an additional 1,120 shares during the period. Bamco Inc. NY owned about 0.12% of MercadoLibre worth $146,372,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Banco Bilbao Vizcaya Argentaria S.A. boosted its stake in shares of MercadoLibre by 123.0% during the 3rd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 10,387 shares of the company’s stock worth $24,511,000 after acquiring an additional 5,729 shares during the last quarter. California Public Employees Retirement System increased its stake in shares of MercadoLibre by 1.4% in the 3rd quarter. California Public Employees Retirement System now owns 84,336 shares of the company’s stock worth $197,088,000 after purchasing an additional 1,179 shares in the last quarter. Bank of Nova Scotia increased its stake in shares of MercadoLibre by 27.5% in the 3rd quarter. Bank of Nova Scotia now owns 11,263 shares of the company’s stock worth $26,320,000 after purchasing an additional 2,427 shares in the last quarter. Ampersand Capital Group L.P. raised its holdings in MercadoLibre by 11.8% in the 3rd quarter. Ampersand Capital Group L.P. now owns 16,866 shares of the company’s stock worth $39,415,000 after purchasing an additional 1,775 shares during the period. Finally, Algert Global LLC raised its holdings in MercadoLibre by 11.9% in the 3rd quarter. Algert Global LLC now owns 2,795 shares of the company’s stock worth $6,532,000 after purchasing an additional 298 shares during the period. 87.62% of the stock is currently owned by institutional investors.

Key Stories Impacting MercadoLibre

Here are the key news stories impacting MercadoLibre this week:

• Positive Sentiment: Analysts and commentators still point to MELI’s long track record of “monster” growth and say the stock looks cheaper on valuation metrics versus its historical multiple, which supports a longer‑term recovery thesis. The Latin American Stock Delivering Monster Growth at a Record-Low Valuation
• Neutral Sentiment: Consensus analyst positioning remains skewed positive (many buy/strong‑buy ratings and a substantially higher consensus price target), creating a potential catalyst for a rebound if sentiment stabilizes — but that gap also highlights downside risk while catalysts play out. MercadoLibre’s $2,100 Price Target: Can MELI Recover From Its 17% Monthly Slide?
• Negative Sentiment: JPMorgan downgraded MELI from Overweight to Neutral and cut its price target (from $2,650 to $2,100), explicitly flagging margin pressures and reducing its bullish stance — a primary driver of the recent selloff. MercadoLibre (MELI) Stock Plummets 7% as JPMorgan Abandons Bullish Stance
• Negative Sentiment: MercadoLibre’s plan to invest ~$3.4B in Argentina (expanding logistics, fintech and hiring) is growth‑oriented but raises near‑term margin and cash‑flow concerns; investors are weighing capex upside vs immediate profit pressure. MercadoLibre’s Argentina Bet Expands Logistics And Fintech But Tests Margins
• Negative Sentiment: Macro/geopolitical risk (intensifying U.S.‑Israeli conflict with Iran) has hit growth names and specifically pressured MELI shares in recent sessions as investors move to de‑risk. Why MercadoLibre (MELI) Shares Are Sliding Today
• Negative Sentiment: Short‑term sentiment also reflects recent earnings dynamics (an EPS miss vs. estimates despite strong revenue growth) and analysts’ margin concerns, magnifying downside after the downgrade and headlines. Here’s Why MercadoLibre (MELI) Fell More Than Broader Market

MercadoLibre Trading Down 0.6%

Shares of MercadoLibre stock opened at $1,670.00 on Friday. MercadoLibre, Inc. has a fifty-two week low of $1,631.18 and a fifty-two week high of $2,645.22. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.15 and a current ratio of 1.17. The company has a market capitalization of $84.67 billion, a P/E ratio of 42.39, a P/E/G ratio of 0.89 and a beta of 1.48. The company has a fifty day moving average of $1,996.22 and a 200 day moving average of $2,117.50.

MercadoLibre (NASDAQ:MELI) last posted its quarterly earnings results on Tuesday, February 24th. The company reported $11.03 EPS for the quarter, missing analysts’ consensus estimates of $11.66 by ($0.63). MercadoLibre had a net margin of 6.91% and a return on equity of 33.73%. The business had revenue of $8.76 billion for the quarter, compared to the consensus estimate of $8.45 billion. During the same period in the prior year, the business earned $12.61 earnings per share. MercadoLibre’s revenue was up 44.6% compared to the same quarter last year. On average, sell-side analysts anticipate that MercadoLibre, Inc. will post 43.96 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have issued reports on the company. UBS Group cut their price target on MercadoLibre from $2,900.00 to $2,700.00 and set a “buy” rating for the company in a report on Friday, February 27th. Itau BBA Securities reaffirmed an “outperform” rating on shares of MercadoLibre in a research note on Wednesday, February 25th. Barclays lowered their price objective on MercadoLibre from $2,900.00 to $2,600.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 25th. JPMorgan Chase & Co. downgraded MercadoLibre from an “overweight” rating to a “neutral” rating and cut their price objective for the company from $2,650.00 to $2,100.00 in a research note on Thursday. Finally, Dbs Bank raised shares of MercadoLibre from a “hold” rating to a “moderate buy” rating in a report on Tuesday, December 2nd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $2,725.33.

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.