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

CCLA Investment Management trimmed its holdings in MercadoLibre, Inc. (NASDAQ:MELI) by 1.2% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 38,496 shares of the company’s stock after selling 450 shares during the quarter. CCLA Investment Management’s holdings in MercadoLibre were worth $77,540,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Darwin Wealth Management LLC purchased a new stake in shares of MercadoLibre during the second quarter worth approximately $29,000. Holos Integrated Wealth LLC purchased a new stake in shares of MercadoLibre during the fourth quarter worth approximately $32,000. Steigerwald Gordon & Koch Inc. purchased a new stake in shares of MercadoLibre during the third quarter worth approximately $35,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of MercadoLibre during the third quarter worth approximately $35,000. Finally, Cullen Frost Bankers Inc. raised its holdings in MercadoLibre by 100.0% during the third quarter. Cullen Frost Bankers Inc. now owns 16 shares of the company’s stock worth $37,000 after purchasing an additional 8 shares in the last quarter. 87.62% of the stock is owned by hedge funds and other institutional investors.

MercadoLibre Trading Up 1.9%

Shares of MercadoLibre stock opened at $1,775.74 on Thursday. MercadoLibre, Inc. has a 12-month low of $1,593.21 and a 12-month 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 50-day moving average of $1,830.97 and a two-hundred day moving average of $2,027.01. The company has a current ratio of 1.17, a quick ratio of 1.15 and a debt-to-equity ratio of 0.68.

MercadoLibre (NASDAQ:MELI) last announced its quarterly earnings results on Saturday, February 14th. The company reported $11.03 earnings per share for the quarter. MercadoLibre had a return on equity of 33.73% and a net margin of 6.91%.The business had revenue of $8.76 billion during the quarter. On average, research analysts anticipate that MercadoLibre, Inc. will post 43.96 EPS for the current fiscal year.

Key Stories 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

Several research firms recently issued reports on MELI. Jefferies Financial Group raised shares of MercadoLibre from a “hold” rating to a “buy” rating and cut their price target for the stock from $2,800.00 to $2,600.00 in a report on Tuesday. Cantor Fitzgerald cut their price target on shares of MercadoLibre from $2,750.00 to $2,400.00 and set an “overweight” rating for the company in a report on Wednesday, February 25th. Wedbush cut their price target on shares of MercadoLibre from $2,600.00 to $2,400.00 and set an “outperform” rating for the company in a report on Wednesday, February 25th. BTIG Research cut their price target on shares of MercadoLibre from $2,650.00 to $2,400.00 and set a “buy” rating for the company in a report on Friday, March 20th. Finally, JPMorgan Chase & Co. cut MercadoLibre from an “overweight” rating to a “neutral” rating and cut their price objective for the stock from $2,650.00 to $2,100.00 in a research report on Thursday, March 12th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, MercadoLibre currently has an average rating of “Moderate Buy” and an average price target of $2,695.33.

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.