Royal Bank of Canada Increases Stake in MercadoLibre, Inc. $MELI

Posted by Francis Steltz on Jul 29th, 2026

Royal Bank of Canada lifted its holdings in shares of MercadoLibre, Inc. (NASDAQ:MELI – Free Report) by 114.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 444,603 shares of the company’s stock after purchasing an additional 237,008 shares during the period. Royal Bank of Canada’s holdings in MercadoLibre were worth $768,728,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Capital Research Global Investors boosted its position in MercadoLibre by 22.5% during the fourth quarter. Capital Research Global Investors now owns 2,225,031 shares of the company’s stock valued at $4,481,812,000 after buying an additional 408,939 shares during the period. Norges Bank purchased a new position in shares of MercadoLibre in the fourth quarter worth about $597,045,000. Marshall Wace LLP lifted its stake in shares of MercadoLibre by 184.8% in the 4th quarter. Marshall Wace LLP now owns 311,818 shares of the company’s stock valued at $628,083,000 after acquiring an additional 202,322 shares during the last quarter. Baillie Gifford & Co. boosted its holdings in MercadoLibre by 4.9% during the 4th quarter. Baillie Gifford & Co. now owns 3,481,563 shares of the company’s stock valued at $7,012,773,000 after acquiring an additional 164,120 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its holdings in MercadoLibre by 9.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,583,071 shares of the company’s stock valued at $3,188,718,000 after acquiring an additional 137,100 shares during the period. 87.62% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director Alejandro Nicolas Aguzin bought 600 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was purchased at an average cost of $1,655.93 per share, with a total value of $993,558.00. Following the transaction, the director owned 5,355 shares in the company, valued at approximately $8,867,505.15. This trade represents a 12.62% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.26% of the company’s stock.

MercadoLibre Price Performance

Shares of MELI stock opened at $1,862.52 on Wednesday. The firm has a market cap of $94.43 billion, a P/E ratio of 49.16, a P/E/G ratio of 1.12 and a beta of 1.35. MercadoLibre, Inc. has a fifty-two week low of $1,495.00 and a fifty-two week high of $2,548.50. The business’s 50 day moving average price is $1,715.97 and its 200-day moving average price is $1,808.77. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.14 and a current ratio of 1.16.

MercadoLibre (NASDAQ:MELI – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported $8.23 EPS 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 business had revenue of $8.85 billion for the quarter, compared to the consensus estimate of $8.29 billion. During the same quarter in the prior year, the company earned $9.74 EPS. MercadoLibre’s revenue was up 49.0% compared to the same quarter last year. On average, equities research analysts anticipate that MercadoLibre, Inc. will post 41 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. The Goldman Sachs Group set a $2,100.00 price target on MercadoLibre in a research report on Wednesday, May 13th. Weiss Ratings reissued a “hold (c)” rating on shares of MercadoLibre in a research note on Thursday, July 2nd. Raymond James Financial set a $2,000.00 price objective on MercadoLibre in a research note on Friday, May 8th. Benchmark decreased their target price on shares of MercadoLibre from $2,780.00 to $2,380.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. Finally, Jefferies Financial Group raised shares of MercadoLibre from a “hold” rating to a “buy” rating and decreased their target price for the stock from $2,800.00 to $2,600.00 in a research note on Tuesday, April 7th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $2,258.67.

View Our Latest Analysis on MELI

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.