MercadoLibre, Inc. $MELI Stock Purchased by ProShare Advisors LLC

ProShare Advisors LLC increased its position in MercadoLibre, Inc. (NASDAQ:MELI) by 4.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,336 shares of the company’s stock after buying an additional 2,129 shares during the period. ProShare Advisors LLC owned 0.10% of MercadoLibre worth $87,007,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Wedbush Fund Advisers LLC bought a new position in shares of MercadoLibre during the 2nd quarter valued at approximately $29,000. Twin Lakes Capital Management LLC bought a new stake in MercadoLibre in the second quarter worth $31,000. NBT Bank N.A. bought a new stake in MercadoLibre in the third quarter worth $35,000. Markowski Investments purchased a new stake in MercadoLibre during the second quarter valued at $36,000. Finally, Byrne Asset Management LLC purchased a new stake in MercadoLibre during the third quarter valued at $40,000. Hedge funds and other institutional investors own 87.62% of the company’s stock.

MercadoLibre Stock Performance

MELI stock opened at $1,624.53 on Monday. MercadoLibre, Inc. has a twelve month low of $1,495.00 and a twelve month high of $2,419.78. 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 1.42. 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 firm’s fifty day simple moving average is $1,840.65 and its two-hundred day simple moving average is $1,815.89.

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

Trending Headlines about MercadoLibre

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

Wall Street Analysts Forecast Growth

Several equities analysts have commented on MELI shares. Susquehanna increased 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. JPMorgan Chase & Co. upped their target price on shares of MercadoLibre from $1,900.00 to $2,150.00 and gave the company a “neutral” rating in a research report on Tuesday, August 11th. New Street Research started coverage on shares of MercadoLibre in a report on Wednesday, September 23rd. They issued a “buy” rating and a $2,450.00 price target for the company. Citigroup raised shares of MercadoLibre from a “neutral” rating to a “buy” rating and lowered their price target for the company from $2,100.00 to $2,050.00 in a report on Tuesday, October 27th. Finally, BTIG Research reiterated a “buy” rating and issued a $2,150.00 price target on shares of MercadoLibre in a research report on Tuesday, October 27th. Thirteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $2,248.75.

MercadoLibre 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.