Calamos Advisors LLC Raises Holdings in MercadoLibre, Inc. $MELI

Calamos Advisors LLC boosted its stake in shares of MercadoLibre, Inc. (NASDAQ:MELIFree Report) by 128.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 911 shares of the company’s stock after buying an additional 512 shares during the period. Calamos Advisors LLC’s holdings in MercadoLibre were worth $1,575,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Interchange Capital Partners LLC increased its holdings in shares of MercadoLibre by 2.1% in the 4th quarter. Interchange Capital Partners LLC now owns 243 shares of the company’s stock valued at $490,000 after acquiring an additional 5 shares during the period. Cornerstone Select Advisors LLC lifted its stake in shares of MercadoLibre by 2.9% during the 4th quarter. Cornerstone Select Advisors LLC now owns 176 shares of the company’s stock worth $355,000 after purchasing an additional 5 shares during the last quarter. Mitchell Capital Management Co. boosted its position in MercadoLibre by 0.4% during the fourth quarter. Mitchell Capital Management Co. now owns 1,262 shares of the company’s stock valued at $2,542,000 after purchasing an additional 5 shares in the last quarter. Strategic Advisors LLC boosted its position in MercadoLibre by 0.4% during the fourth quarter. Strategic Advisors LLC now owns 1,273 shares of the company’s stock valued at $2,564,000 after purchasing an additional 5 shares in the last quarter. Finally, Laird Norton Wetherby Wealth Management LLC grew its stake in MercadoLibre by 2.0% in the third quarter. Laird Norton Wetherby Wealth Management LLC now owns 259 shares of the company’s stock valued at $605,000 after purchasing an additional 5 shares during the last quarter. Institutional investors own 87.62% of the company’s stock.

Key Stories Impacting MercadoLibre

Here are the key news stories impacting MercadoLibre this week:

  • Positive Sentiment: Analyst chatter remains constructive overall, with Zacks noting MercadoLibre was upgraded from “strong sell” to “hold,” and other reports highlighting a favorable average brokerage rating and continued solid credit performance in Mercado Pago Brazil. Article Title
  • Positive Sentiment: MercadoLibre is being viewed as a promising fintech and e-commerce growth story, with recent commentary citing strong engagement, cross-border trade growth, and improving scale across Latin America. Article Title
  • Neutral Sentiment: The company released investor-relations podcast content focused on Mercado Pago Brazil, credit quality, and growth opportunities, which helps reinforce management’s long-term strategy but does not appear to be a major new catalyst. Article Title
  • Neutral Sentiment: Several articles frame MELI as potentially attractive on valuation after a pullback, but these are largely opinion pieces rather than direct new business updates. Article Title
  • Negative Sentiment: Bearish pressure comes from reports emphasizing MercadoLibre’s heavy spending on free shipping, fulfillment, and credit-card growth, which may keep margins under pressure in the near term even as revenue growth stays strong. Article Title

MercadoLibre Trading Down 1.7%

Shares of MercadoLibre stock opened at $1,842.50 on Thursday. The firm has a fifty day moving average price of $1,678.53 and a 200 day moving average price of $1,823.79. The stock has a market cap of $93.41 billion, a PE ratio of 48.63, a price-to-earnings-growth ratio of 1.15 and a beta of 1.35. MercadoLibre, Inc. has a 1 year low of $1,495.00 and a 1 year high of $2,548.50. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.16 and a quick ratio of 1.14.

MercadoLibre (NASDAQ:MELIGet Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported $8.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $8.75 by ($0.52). MercadoLibre had a net margin of 6.04% and a return on equity of 29.58%. The company had revenue of $8.85 billion during the quarter, compared to analyst estimates of $8.29 billion. During the same period last year, the firm earned $9.74 EPS. The business’s quarterly revenue was up 49.0% compared to the same quarter last year. Equities research analysts predict that MercadoLibre, Inc. will post 41 earnings per share for the current year.

Insider Transactions at MercadoLibre

In other news, Director Alejandro Nicolas Aguzin purchased 600 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The shares were bought at an average price of $1,655.93 per share, for a total transaction of $993,558.00. Following the completion of the transaction, the director owned 5,355 shares in the company, valued at $8,867,505.15. This represents a 12.62% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.26% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on MELI shares. Weiss Ratings restated a “hold (c)” rating on shares of MercadoLibre in a report on Thursday, July 2nd. UBS Group reduced their price objective on shares of MercadoLibre from $2,050.00 to $1,750.00 and set a “neutral” rating for the company in a research note on Wednesday, May 13th. Jefferies Financial Group raised shares of MercadoLibre from a “hold” rating to a “buy” rating and decreased their target price for the company from $2,800.00 to $2,600.00 in a research report on Tuesday, April 7th. Citigroup raised their target price on shares of MercadoLibre from $1,950.00 to $2,000.00 and gave the company a “neutral” rating in a research note on Wednesday. Finally, The Goldman Sachs Group set a $2,100.00 price objective on MercadoLibre in a research report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $2,258.67.

Get Our Latest Stock Report on MELI

MercadoLibre Profile

(Free Report)

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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Institutional Ownership by Quarter for MercadoLibre (NASDAQ:MELI)

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