California Public Employees Retirement System Acquires 1,179 Shares of MercadoLibre, Inc. $MELI

California Public Employees Retirement System raised its stake in shares of MercadoLibre, Inc. (NASDAQ:MELI) by 1.4% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 84,336 shares of the company’s stock after purchasing an additional 1,179 shares during the period. California Public Employees Retirement System owned approximately 0.17% of MercadoLibre worth $197,088,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of MELI. Bank of Nova Scotia raised its position in MercadoLibre by 27.5% in the 3rd quarter. Bank of Nova Scotia now owns 11,263 shares of the company’s stock valued at $26,320,000 after buying an additional 2,427 shares during the last quarter. Ampersand Capital Group L.P. boosted its holdings in MercadoLibre by 11.8% during the 3rd quarter. Ampersand Capital Group L.P. now owns 16,866 shares of the company’s stock worth $39,415,000 after acquiring an additional 1,775 shares during the last quarter. Algert Global LLC grew its stake in shares of MercadoLibre by 11.9% in the 3rd quarter. Algert Global LLC now owns 2,795 shares of the company’s stock worth $6,532,000 after acquiring an additional 298 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of MercadoLibre by 8.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 294,207 shares of the company’s stock worth $687,190,000 after acquiring an additional 23,005 shares in the last quarter. Finally, Creative Planning raised its holdings in shares of MercadoLibre by 3.8% in the third quarter. Creative Planning now owns 4,732 shares of the company’s stock valued at $11,059,000 after purchasing an additional 174 shares during the last quarter. 87.62% of the stock is owned by hedge funds and other institutional investors.

Key MercadoLibre News

Here are the key news stories impacting MercadoLibre this week:

• Positive Sentiment: Analysts and commentators still point to MELI’s long track record of “monster” growth and say the stock looks cheaper on valuation metrics versus its historical multiple, which supports a longer‑term recovery thesis. The Latin American Stock Delivering Monster Growth at a Record-Low Valuation
• Neutral Sentiment: Consensus analyst positioning remains skewed positive (many buy/strong‑buy ratings and a substantially higher consensus price target), creating a potential catalyst for a rebound if sentiment stabilizes — but that gap also highlights downside risk while catalysts play out. MercadoLibre’s $2,100 Price Target: Can MELI Recover From Its 17% Monthly Slide?
• Negative Sentiment: JPMorgan downgraded MELI from Overweight to Neutral and cut its price target (from $2,650 to $2,100), explicitly flagging margin pressures and reducing its bullish stance — a primary driver of the recent selloff. MercadoLibre (MELI) Stock Plummets 7% as JPMorgan Abandons Bullish Stance
• Negative Sentiment: MercadoLibre’s plan to invest ~$3.4B in Argentina (expanding logistics, fintech and hiring) is growth‑oriented but raises near‑term margin and cash‑flow concerns; investors are weighing capex upside vs immediate profit pressure. MercadoLibre’s Argentina Bet Expands Logistics And Fintech But Tests Margins
• Negative Sentiment: Macro/geopolitical risk (intensifying U.S.‑Israeli conflict with Iran) has hit growth names and specifically pressured MELI shares in recent sessions as investors move to de‑risk. Why MercadoLibre (MELI) Shares Are Sliding Today
• Negative Sentiment: Short‑term sentiment also reflects recent earnings dynamics (an EPS miss vs. estimates despite strong revenue growth) and analysts’ margin concerns, magnifying downside after the downgrade and headlines. Here’s Why MercadoLibre (MELI) Fell More Than Broader Market

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Morgan Stanley dropped their price target on shares of MercadoLibre from $2,800.00 to $2,600.00 and set an “overweight” rating on the stock in a research report on Monday, March 9th. Itau BBA Securities reiterated an “outperform” rating on shares of MercadoLibre in a research note on Wednesday, February 25th. Weiss Ratings cut shares of MercadoLibre from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, January 8th. BTIG Research cut their target price on MercadoLibre from $2,750.00 to $2,650.00 and set a “buy” rating on the stock in a research note on Wednesday, February 25th. Finally, UBS Group reduced their target price on MercadoLibre from $2,900.00 to $2,700.00 and set a “buy” rating for the company in a report on Friday, February 27th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $2,725.33.

MercadoLibre Price Performance

MELI opened at $1,670.00 on Monday. MercadoLibre, Inc. has a fifty-two week low of $1,631.18 and a fifty-two week high of $2,645.22. The firm has a 50-day moving average of $1,996.22 and a 200 day moving average of $2,115.41. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.15 and a current ratio of 1.17. The firm has a market cap of $84.67 billion, a P/E ratio of 42.39, a PEG ratio of 0.89 and a beta of 1.48.

MercadoLibre (NASDAQ:MELI) last announced its quarterly earnings data on Tuesday, February 24th. The company reported $11.03 EPS for the quarter, missing the consensus estimate of $11.66 by ($0.63). The company had revenue of $8.76 billion during the quarter, compared to the consensus estimate of $8.45 billion. MercadoLibre had a return on equity of 33.73% and a net margin of 6.91%.The business’s revenue was up 44.6% on a year-over-year basis. During the same period in the prior year, the firm posted $12.61 EPS. On average, research analysts expect that MercadoLibre, Inc. will post 43.96 EPS for the current 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.