MercadoLibre, Inc. $MELI Position Boosted by Asset One Wealth Management LLC

Asset One Wealth Management LLC boosted its holdings in MercadoLibre, Inc. (NASDAQ:MELI – Free Report) by 17.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,148 shares of the company’s stock after acquiring an additional 468 shares during the quarter. Asset One Wealth Management LLC’s holdings in MercadoLibre were worth $5,441,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in MELI. Calamos Wealth Management LLC lifted its position in shares of MercadoLibre by 52.5% in the third quarter. Calamos Wealth Management LLC now owns 781 shares of the company’s stock valued at $1,350,000 after acquiring an additional 269 shares in the last quarter. Kestra Advisory Services LLC grew its holdings in shares of MercadoLibre by 5.7% during the third quarter. Kestra Advisory Services LLC now owns 3,318 shares of the company’s stock worth $5,735,000 after purchasing an additional 179 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in shares of MercadoLibre by 1.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 6,800 shares of the company’s stock valued at $11,754,000 after acquiring an additional 83 shares during the period. Cowa LLC acquired a new stake in shares of MercadoLibre in the third quarter worth approximately $268,000. Finally, Jacksonville Wealth Management LLC grew its position in shares of MercadoLibre by 2.8% during the third quarter. Jacksonville Wealth Management LLC now owns 617 shares of the company’s stock worth $1,066,000 after buying an additional 17 shares in the last quarter. Institutional investors own 87.62% of the company’s stock.

MercadoLibre News Roundup

Here are the key news stories impacting MercadoLibre this week:

  • Positive Sentiment: Third-quarter revenue and financial income rose 45% year over year to $10.75 billion, beating estimates; growth was broad-based, with Brazil especially strong and fintech continuing to expand. Mercado Libre Revenue Reaches $10.75 Billion in Q3 2026
  • Positive Sentiment: Management is investing in fulfillment capacity, shipping and marketing to attract and retain customers, arguing the spending can support longer-term growth. The company also outlined further fulfillment expansion. MercadoLibre Plunged After Earnings. Here’s Why I’m Not Selling.
  • Neutral Sentiment: Some brokers kept positive ratings despite reducing price targets, indicating continued confidence in MELI’s longer-term prospects but greater caution about near-term expectations. Scotiabank analyst rating and price target
  • Negative Sentiment: Quarterly EPS of $8.83 missed estimates. Operating income fell 6% to $676 million, and the operating margin narrowed to 6.3% from 9.8% a year earlier as fulfillment, shipping subsidies and marketing costs increased. Investors are concerned that growth is coming at the expense of near-term earnings. MercadoLibre Pays Up to Win Shoppers’ Loyalty
  • Negative Sentiment: Reports also cite foreign-exchange exposure and regional political uncertainty, including Brazil’s election aftermath, as risks that could add volatility to results. Q3 Earnings Have Investors Wondering: Is Mercado Libre Finally a Buy?

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on MELI. Citigroup upgraded MercadoLibre from a “neutral” rating to a “buy” rating and cut their price target for the stock from $2,100.00 to $2,050.00 in a report on Tuesday, October 27th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of MercadoLibre in a research note on Thursday. Scotiabank decreased their price target on MercadoLibre from $2,800.00 to $2,300.00 and set a “sector outperform” rating for the company in a report on Thursday. Cantor Fitzgerald reduced their price target on shares of MercadoLibre from $2,200.00 to $2,000.00 and set an “overweight” rating for the company in a research report on Thursday. Finally, New Street Research assumed coverage on shares of MercadoLibre in a research report on Wednesday, September 23rd. They issued a “buy” rating and a $2,450.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, MercadoLibre presently has a consensus rating of “Moderate Buy” and a consensus target price of $2,198.75.

Get Our Latest Report on MercadoLibre

MercadoLibre Trading Down 1.3%

Shares of MELI opened at $1,510.00 on Friday. The company has a current ratio of 1.12, a quick ratio of 1.10 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $76.56 billion, a P/E ratio of 45.60, a PEG ratio of 1.18 and a beta of 1.42. The firm’s 50-day moving average is $1,808.01 and its two-hundred day moving average is $1,804.55. MercadoLibre, Inc. has a twelve month low of $1,469.01 and a twelve month high of $2,342.00.

MercadoLibre (NASDAQ:MELI – Get Free Report) last released its earnings results on Wednesday, November 4th. The company reported $8.83 earnings per share for the quarter, missing the consensus estimate of $9.27 by ($0.44). The company had revenue of $10.75 billion during the quarter, compared to the consensus estimate of $10.69 billion. MercadoLibre had a return on equity of 26.54% and a net margin of 5.30%. MercadoLibre’s revenue for the quarter was up 45.1% on a year-over-year basis. During the same period in the previous year, the firm posted $8.32 EPS. On average, research analysts predict that MercadoLibre, Inc. will post 38.09 earnings per share for the current fiscal year.

About MercadoLibre

(Free Report)

MercadoLibre, Inc operates an online commerce and financial technology platform focused on Latin America. Founded in Argentina in 1999, the company connects buyers and sellers through its marketplace, where businesses and individuals can list and purchase a wide range of products.

The company’s services also include Mercado Pago, which offers digital payment and financial services for transactions on and off its marketplace. MercadoLibre supports commerce with services such as Mercado Envíos, its shipping and logistics platform, and provides advertising tools for merchants and brands.

MercadoLibre serves customers and businesses across numerous Latin American markets, including Brazil, Mexico and Argentina.

Further Reading

Want to see what other hedge funds are holding MELI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MercadoLibre, Inc. (NASDAQ:MELI – Free Report).

Institutional Ownership by Quarter for MercadoLibre (NASDAQ:MELI)

Receive News & Ratings for MercadoLibre Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MercadoLibre and related companies with MarketBeat.com's FREE daily email newsletter.