Panagora Asset Management Inc. Grows Position in MercadoLibre, Inc. $MELI

Posted by Geri Gentry on Jun 15th, 2026

Panagora Asset Management Inc. grew its stake in shares of MercadoLibre, Inc. (NASDAQ:MELI – Free Report) by 9.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 33,124 shares of the company’s stock after buying an additional 2,853 shares during the period. Panagora Asset Management Inc.’s holdings in MercadoLibre were worth $66,720,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of MELI. Laurel Wealth Advisors LLC purchased a new position in MercadoLibre during the fourth quarter worth $26,000. Transamerica Financial Advisors LLC acquired a new stake in shares of MercadoLibre during the fourth quarter worth $26,000. Darwin Wealth Management LLC acquired a new stake in shares of MercadoLibre during the second quarter worth $29,000. Curio Wealth LLC acquired a new stake in shares of MercadoLibre during the fourth quarter worth $30,000. Finally, Holos Integrated Wealth LLC acquired a new stake in shares of MercadoLibre during the fourth quarter worth $32,000. Hedge funds and other institutional investors own 87.62% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on MELI shares. The Goldman Sachs Group set a $2,100.00 price objective on MercadoLibre in a report on Wednesday, May 13th. Barclays decreased their price objective on MercadoLibre from $2,500.00 to $2,300.00 and set an “overweight” rating on the stock in a report on Monday, May 11th. Cantor Fitzgerald decreased their price objective on MercadoLibre from $2,400.00 to $2,350.00 and set an “overweight” rating on the stock in a report on Tuesday, April 21st. Jefferies Financial Group upgraded MercadoLibre from a “hold” rating to a “buy” rating and decreased their price objective for the stock from $2,800.00 to $2,600.00 in a report on Tuesday, April 7th. Finally, Raymond James Financial set a $2,000.00 price objective on MercadoLibre in a report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $2,255.33.

Get Our Latest Research Report on MercadoLibre

Insiders Place Their Bets

In other news, Director Alejandro Nicolas Aguzin bought 600 shares of MercadoLibre stock in a transaction that occurred on Friday, May 22nd. The shares were purchased at an average price of $1,655.93 per share, for a total transaction of $993,558.00. Following the completion of the acquisition, the director owned 5,355 shares of the company’s stock, valued at $8,867,505.15. The trade was a 12.62% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.26% of the company’s stock.

MercadoLibre Price Performance

Shares of MercadoLibre stock opened at $1,589.60 on Monday. MercadoLibre, Inc. has a twelve month low of $1,495.00 and a twelve month high of $2,645.22. The stock has a market capitalization of $80.59 billion, a P/E ratio of 41.95, a PEG ratio of 0.98 and a beta of 1.36. The company has a current ratio of 1.16, a quick ratio of 1.14 and a debt-to-equity ratio of 0.63. The business’s fifty day moving average price is $1,715.68 and its 200 day moving average price is $1,872.88.

MercadoLibre (NASDAQ:MELI – Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported $8.23 earnings per share for the quarter, missing analysts’ consensus estimates of $8.75 by ($0.52). MercadoLibre had a net margin of 6.04% and a return on equity of 29.58%. The firm had revenue of $8.85 billion during the quarter, compared to analyst estimates of $8.29 billion. During the same quarter in the previous year, the business posted $9.74 EPS. MercadoLibre’s revenue was up 49.0% compared to the same quarter last year. As a group, research analysts anticipate that MercadoLibre, Inc. will post 40.97 earnings per share for the current year.

MercadoLibre 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.