Empire Life Investments Inc. cut its position in MercadoLibre, Inc. (NASDAQ:MELI – Free Report) by 23.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,624 shares of the company’s stock after selling 503 shares during the quarter. Empire Life Investments Inc.’s holdings in MercadoLibre were worth $3,271,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Jacksonville Wealth Management LLC lifted its position in shares of MercadoLibre by 65.0% during the 4th quarter. Jacksonville Wealth Management LLC now owns 576 shares of the company’s stock worth $1,160,000 after purchasing an additional 227 shares during the last quarter. Meridian Wealth Management LLC grew its holdings in MercadoLibre by 183.2% in the 4th quarter. Meridian Wealth Management LLC now owns 507 shares of the company’s stock valued at $1,021,000 after buying an additional 328 shares during the last quarter. Ashoka WhiteOak Capital Pte Ltd increased its position in MercadoLibre by 169.3% in the 4th quarter. Ashoka WhiteOak Capital Pte Ltd now owns 5,036 shares of the company’s stock worth $10,177,000 after buying an additional 3,166 shares during the period. Proem Advisors LLC lifted its holdings in shares of MercadoLibre by 91.2% during the fourth quarter. Proem Advisors LLC now owns 6,500 shares of the company’s stock worth $13,093,000 after buying an additional 3,100 shares during the last quarter. Finally, Money Concepts Capital Corp lifted its holdings in shares of MercadoLibre by 11.6% during the fourth quarter. Money Concepts Capital Corp now owns 106 shares of the company’s stock worth $214,000 after buying an additional 11 shares during the last quarter. Institutional investors own 87.62% of the company’s stock.
Analyst Ratings Changes
MELI has been the topic of several research analyst reports. Daiwa Securities Group downgraded shares of MercadoLibre from a “buy” rating to a “hold” rating and set a $1,800.00 price objective on the stock. in a research note on Friday, May 8th. Benchmark cut their target price on shares of MercadoLibre from $2,780.00 to $2,380.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Scotiabank reduced their price target on shares of MercadoLibre from $3,500.00 to $2,800.00 and set a “sector outperform” rating for the company in a report on Thursday, May 7th. JPMorgan Chase & Co. lowered shares of MercadoLibre from an “overweight” rating to a “neutral” rating and decreased their price target for the stock from $2,650.00 to $2,100.00 in a research report on Thursday, March 12th. Finally, Zacks Research downgraded shares of MercadoLibre from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $2,442.00.
MercadoLibre Stock Up 1.4%
MELI opened at $1,578.78 on Wednesday. MercadoLibre, Inc. has a fifty-two week low of $1,536.71 and a fifty-two week high of $2,645.22. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.16 and a quick ratio of 1.15. The firm’s fifty day moving average price is $1,745.86 and its two-hundred day moving average price is $1,956.27. The company has a market capitalization of $80.04 billion, a P/E ratio of 41.67, a P/E/G ratio of 0.87 and a beta of 1.41.
MercadoLibre (NASDAQ:MELI – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $8.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $8.75 by ($0.52). The business had revenue of $8.85 billion during the quarter, compared to analyst estimates of $8.29 billion. MercadoLibre had a net margin of 6.04% and a return on equity of 29.58%. The company’s quarterly revenue was up 49.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $9.74 EPS. On average, analysts anticipate that MercadoLibre, Inc. will post 45.02 EPS for the current year.
Key MercadoLibre News
Here are the key news stories impacting MercadoLibre this week:
- Positive Sentiment: Some market commentary remains constructive, with articles highlighting MercadoLibre’s dominant position in Latin American e-commerce, digital payments, and logistics, and calling the stock attractive despite its recent pullback. MercadoLibre (MELI) Believed To Be Powering Commerce Across An Entire Continent
- Positive Sentiment: Michael Burry reportedly bought MercadoLibre after the post-earnings selloff, which may signal that some investors see value in the weakness. Michael Burry buys MercadoLibre on its post-earnings weakness
- Positive Sentiment: Wall Street analyst coverage remains generally optimistic, and BTIG reportedly raised its price target to $2,150, supporting a long-term bullish view. BTIG Research Cuts MercadoLibre (NASDAQ:MELI) Price Target to $2,150.00
- Neutral Sentiment: Short-interest data showed no meaningful change, so it does not appear to be a major driver of the move.
- Neutral Sentiment: Some recent pieces argue the stock could still be attractive after its share-price decline, but these are valuation-focused opinions rather than new company-specific catalysts. Is MercadoLibre (MELI) Still Attractive After A 35% Share Price Slide?
- Neutral Sentiment: Media coverage continues to frame MercadoLibre as a long-term growth story, but that mostly reinforces existing sentiment rather than changing the near-term outlook. Is MercadoLibre (MELI) a Buy as Wall Street Analysts Look Optimistic?
- Negative Sentiment: The main reason shares are falling is that Q1 2026 results showed strong revenue growth, but profitability weakened as costs rose, sparking concerns that margin pressure could persist. MercadoLibre (MELI) Stock Trades Down, Here Is Why
- Negative Sentiment: Bearish commentary around shrinking margins, heavy credit expansion, lower free-shipping thresholds, take-rate cuts, and inventory investment is reinforcing investor concern that MELI is prioritizing growth over near-term earnings power. MercadoLibre’s Margins Are Falling – And That’s Bullish
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.
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