Retirement Planning Group LLC Makes New Investment in MercadoLibre, Inc. $MELI

Retirement Planning Group LLC bought a new stake in MercadoLibre, Inc. (NASDAQ:MELI) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 301 shares of the company’s stock, valued at approximately $520,000.

A number of other institutional investors have also modified their holdings of MELI. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in MercadoLibre by 2.9% during 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 buying an additional 6 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of MercadoLibre by 2.5% in the first quarter. Principal Financial Group Inc. now owns 56,021 shares of the company’s stock valued at $96,861,000 after acquiring an additional 1,384 shares in the last quarter. Chicago Partners Investment Group LLC increased its stake in shares of MercadoLibre by 121.3% during the first quarter. Chicago Partners Investment Group LLC now owns 281 shares of the company’s stock worth $523,000 after acquiring an additional 154 shares during the period. AMF Tjanstepension AB increased its stake in shares of MercadoLibre by 17.3% during the first quarter. AMF Tjanstepension AB now owns 157,733 shares of the company’s stock worth $272,724,000 after acquiring an additional 23,220 shares during the period. Finally, Y.D. More Investments Ltd raised its holdings in MercadoLibre by 24.0% during the first quarter. Y.D. More Investments Ltd now owns 31 shares of the company’s stock worth $53,000 after purchasing an additional 6 shares in the last quarter. Institutional investors and hedge funds own 87.62% of the company’s stock.

MercadoLibre News Roundup

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

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Raymond James Financial set a $2,000.00 price objective on shares of MercadoLibre in a research report on Friday, May 8th. BTIG Research reissued a “buy” rating and issued a $2,150.00 price target on shares of MercadoLibre in a report on Tuesday, June 2nd. Morgan Stanley decreased their price target on MercadoLibre from $2,600.00 to $2,450.00 and set an “overweight” rating on the stock in a research note on Monday, May 11th. Citigroup upped their price objective on MercadoLibre from $1,950.00 to $2,000.00 and gave the stock a “neutral” rating in a report on Wednesday. Finally, Daiwa Securities Group downgraded MercadoLibre from a “buy” rating to a “hold” rating and set a $1,800.00 target price for the company. in a report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, MercadoLibre has a consensus rating of “Moderate Buy” and an average target price of $2,258.67.

Insider Activity

In other news, Director Alejandro Nicolas Aguzin purchased 600 shares of the business’s stock in a transaction dated Friday, May 22nd. The stock was acquired at an average price of $1,655.93 per share, with a total value of $993,558.00. Following the purchase, the director directly owned 5,355 shares of the company’s stock, valued at $8,867,505.15. This represents a 12.62% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.26% of the stock is owned by company insiders.

MercadoLibre Price Performance

Shares of NASDAQ:MELI opened at $1,842.50 on Thursday. The firm has a market capitalization of $93.41 billion, a price-to-earnings ratio of 48.63, a price-to-earnings-growth ratio of 1.15 and a beta of 1.35. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.16 and a quick ratio of 1.14. The business’s 50 day simple moving average is $1,678.53 and its 200-day simple moving average is $1,823.79. MercadoLibre, Inc. has a 12 month low of $1,495.00 and a 12 month high of $2,548.50.

MercadoLibre (NASDAQ:MELI) last released its quarterly earnings data on Thursday, May 7th. The company reported $8.23 earnings per share for the quarter, missing the consensus estimate of $8.75 by ($0.52). The firm had revenue of $8.85 billion during the quarter, compared to analysts’ expectations of $8.29 billion. MercadoLibre had a net margin of 6.04% and a return on equity of 29.58%. The business’s revenue for the quarter was up 49.0% on a year-over-year basis. During the same period in the previous year, the business earned $9.74 earnings per share. As a group, equities analysts forecast that MercadoLibre, Inc. will post 41 earnings per share for the current fiscal year.

MercadoLibre Profile

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.