36,255 Shares in MercadoLibre, Inc. $MELI Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new stake in MercadoLibre, Inc. (NASDAQ:MELI) during the 3rd quarter, Holdings Channel.com reports. The firm bought 36,255 shares of the company’s stock, valued at approximately $62,668,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Y.D. More Investments Ltd raised its holdings in MercadoLibre by 24.0% during the 1st quarter. Y.D. More Investments Ltd now owns 31 shares of the company’s stock worth $53,000 after purchasing an additional 6 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in shares of MercadoLibre by 2.9% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 212 shares of the company’s stock worth $367,000 after purchasing an additional 6 shares during the period. Moody National Bank Trust Division lifted its position in shares of MercadoLibre by 0.8% in the 2nd quarter. Moody National Bank Trust Division now owns 733 shares of the company’s stock worth $1,244,000 after purchasing an additional 6 shares during the period. Dynamic Advisor Solutions LLC lifted its position in shares of MercadoLibre by 0.5% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 1,227 shares of the company’s stock worth $2,083,000 after purchasing an additional 6 shares during the period. Finally, Matrix Trust Co boosted its stake in shares of MercadoLibre by 1.3% in the 3rd quarter. Matrix Trust Co now owns 458 shares of the company’s stock valued at $792,000 after purchasing an additional 6 shares during the last quarter. Institutional investors and hedge funds own 87.62% of the company’s stock.

MercadoLibre Price Performance

MELI opened at $1,624.53 on Monday. MercadoLibre, Inc. has a fifty-two week low of $1,495.00 and a fifty-two week high of $2,419.78. The firm has a 50-day moving average of $1,840.65 and a 200 day moving average of $1,815.89. The firm has a market cap of $82.36 billion, a P/E ratio of 44.18, a PEG ratio of 1.14 and a beta of 1.42. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.10 and a current ratio of 1.12.

MercadoLibre (NASDAQ:MELI) last issued its earnings results on Thursday, August 6th. The company reported $9.19 EPS for the quarter, topping the consensus estimate 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 firm’s revenue was up 49.8% compared to the same quarter last year. During the same quarter last year, the company earned $10.31 EPS. On average, research analysts expect that MercadoLibre, Inc. will post 38.09 EPS for the current year.

Analysts Set New Price Targets

MELI has been the subject of several recent analyst reports. Citigroup upgraded shares of MercadoLibre from a “neutral” rating to a “buy” rating and decreased their price objective for the stock from $2,100.00 to $2,050.00 in a research report on Tuesday, October 27th. Zacks Research raised shares of MercadoLibre from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Cantor Fitzgerald dropped their target price on shares of MercadoLibre from $2,300.00 to $2,200.00 and set an “overweight” rating on the stock in a report on Monday, October 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of MercadoLibre in a research report on Tuesday, September 29th. Finally, JPMorgan Chase & Co. upped their price target 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. Thirteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, MercadoLibre presently has a consensus rating of “Moderate Buy” and an average price target of $2,248.75.

More MercadoLibre News

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

About MercadoLibre

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.