CCLA Investment Management Decreases Position in MercadoLibre, Inc. $MELI

CCLA Investment Management cut its position in MercadoLibre, Inc. (NASDAQ:MELIFree Report) by 1.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 38,496 shares of the company’s stock after selling 450 shares during the period. CCLA Investment Management owned approximately 0.08% of MercadoLibre worth $77,540,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. PFW Advisors LLC boosted its position in shares of MercadoLibre by 4.8% during the 3rd quarter. PFW Advisors LLC now owns 110 shares of the company’s stock worth $257,000 after purchasing an additional 5 shares during the period. Yousif Capital Management LLC boosted its position in shares of MercadoLibre by 3.5% during the 3rd quarter. Yousif Capital Management LLC now owns 147 shares of the company’s stock worth $344,000 after purchasing an additional 5 shares during the period. Wilkinson Global Asset Management LLC boosted its position in shares of MercadoLibre by 2.3% during the 3rd quarter. Wilkinson Global Asset Management LLC now owns 226 shares of the company’s stock worth $528,000 after purchasing an additional 5 shares during the period. Hardy Reed LLC boosted its position in shares of MercadoLibre by 4.0% during the 3rd quarter. Hardy Reed LLC now owns 131 shares of the company’s stock worth $306,000 after purchasing an additional 5 shares during the period. Finally, Rothschild Investment LLC boosted its position in shares of MercadoLibre by 35.7% during the 3rd quarter. Rothschild Investment LLC now owns 19 shares of the company’s stock worth $44,000 after purchasing an additional 5 shares during the period. 87.62% of the stock is owned by hedge funds and other institutional investors.

MercadoLibre Price Performance

Shares of MELI opened at $1,775.74 on Thursday. MercadoLibre, Inc. has a 1-year low of $1,593.21 and a 1-year high of $2,645.22. The stock has a market cap of $90.03 billion, a PE ratio of 45.07, a price-to-earnings-growth ratio of 0.90 and a beta of 1.49. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.17 and a quick ratio of 1.15. The firm has a fifty day moving average price of $1,830.97 and a 200 day moving average price of $2,027.01.

MercadoLibre (NASDAQ:MELIGet Free Report) last announced its quarterly earnings results on Saturday, February 14th. The company reported $11.03 earnings per share for the quarter. MercadoLibre had a net margin of 6.91% and a return on equity of 33.73%. The firm had revenue of $8.76 billion during the quarter. As a group, sell-side analysts anticipate that MercadoLibre, Inc. will post 43.96 EPS for the current year.

Key Headlines Impacting MercadoLibre

Here are the key news stories impacting MercadoLibre this week:

  • Positive Sentiment: Jefferies upgraded MELI to Buy, arguing that recent investments into logistics, payments and technology are strengthening revenue drivers and should pay off over time. Read More.
  • Positive Sentiment: Jefferies set a $2,600 price target and highlighted the investment-led thesis; the upgrade has renewed investor interest and supports a re-rating of the stock. Read More.
  • Positive Sentiment: Brokerage coverage is broadly supportive: MELI carries a consensus rating of “Moderate Buy,” which reinforces the positive sentiment from the Jefferies call. Read More.
  • Neutral Sentiment: Market reports note MELI recently outperformed the broader market, reflecting short-term momentum following the analyst activity rather than new company-specific disclosures. Read More.
  • Negative Sentiment: Some coverage highlights conflicting analyst views on MELI and residual risks (execution, margin pressure from investments), signaling that not all analysts are aligned on valuation upside. Read More.

Analysts Set New Price Targets

MELI has been the subject of a number of research analyst reports. Jefferies Financial Group upgraded MercadoLibre from a “hold” rating to a “buy” rating and lowered their target price for the company from $2,800.00 to $2,600.00 in a report on Tuesday. Cantor Fitzgerald lowered their target price on MercadoLibre from $2,750.00 to $2,400.00 and set an “overweight” rating for the company in a report on Wednesday, February 25th. Itau BBA Securities restated an “outperform” rating on shares of MercadoLibre in a report on Wednesday, February 25th. Barclays lowered their target price on MercadoLibre from $2,900.00 to $2,600.00 and set an “overweight” rating for the company in a report on Wednesday, February 25th. Finally, JPMorgan Chase & Co. cut MercadoLibre from an “overweight” rating to a “neutral” rating and lowered their target price for the company from $2,650.00 to $2,100.00 in a report on Thursday, March 12th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, MercadoLibre currently has an average rating of “Moderate Buy” and a consensus target price of $2,695.33.

View Our Latest Report on MercadoLibre

MercadoLibre Company 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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