Nissay Asset Management Corp Japan Acquires 875 Shares of MercadoLibre, Inc. $MELI

Posted by Stanley Muller on Aug 29th, 2026

Nissay Asset Management Corp Japan raised its stake in shares of MercadoLibre, Inc. (NASDAQ:MELI – Free Report) by 6.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 14,352 shares of the company’s stock after purchasing an additional 875 shares during the period. Nissay Asset Management Corp Japan’s holdings in MercadoLibre were worth $24,361,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Cornerstone Select Advisors LLC raised its position in shares of MercadoLibre by 2.9% during the fourth quarter. Cornerstone Select Advisors LLC now owns 176 shares of the company’s stock worth $355,000 after acquiring an additional 5 shares during the last quarter. Mitchell Capital Management Co. boosted its holdings in MercadoLibre by 0.4% in the fourth quarter. Mitchell Capital Management Co. now owns 1,262 shares of the company’s stock valued at $2,542,000 after acquiring an additional 5 shares during the last quarter. Strategic Advisors LLC boosted its holdings in MercadoLibre by 0.4% in the fourth quarter. Strategic Advisors LLC now owns 1,273 shares of the company’s stock valued at $2,564,000 after acquiring an additional 5 shares during the last quarter. Laird Norton Wetherby Wealth Management LLC increased its position in MercadoLibre by 2.0% during the 3rd quarter. Laird Norton Wetherby Wealth Management LLC now owns 259 shares of the company’s stock valued at $605,000 after purchasing an additional 5 shares during the period. Finally, Beese Fulmer Investment Management Inc. increased its position in MercadoLibre by 2.7% during the 4th quarter. Beese Fulmer Investment Management Inc. now owns 229 shares of the company’s stock valued at $461,000 after purchasing an additional 6 shares during the period. 87.62% of the stock is owned by institutional investors and hedge funds.

MercadoLibre Stock Performance

Shares of MELI stock opened at $1,966.25 on Friday. The firm has a 50 day moving average of $1,824.45 and a 200-day moving average of $1,772.36. The company has a market cap of $99.69 billion, a price-to-earnings ratio of 53.47, a price-to-earnings-growth ratio of 1.32 and a beta of 1.34. The company has a quick ratio of 1.10, a current ratio of 1.12 and a debt-to-equity ratio of 0.53. MercadoLibre, Inc. has a 52 week low of $1,495.00 and a 52 week high of $2,548.50.

MercadoLibre (NASDAQ:MELI – Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $9.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.65 by $0.54. The business had revenue of $10.17 billion for the quarter, compared to analyst estimates of $9.79 billion. MercadoLibre had a net margin of 5.30% and a return on equity of 26.54%. MercadoLibre’s revenue was up 49.8% on a year-over-year basis. During the same period in the prior year, the firm earned $10.31 earnings per share. On average, equities analysts forecast that MercadoLibre, Inc. will post 39.11 earnings per share for the current year.

Analyst Upgrades and Downgrades

MELI has been the topic of a number of recent analyst reports. BTIG Research restated a “buy” rating and issued a $2,150.00 price target on shares of MercadoLibre in a research report on Thursday, August 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of MercadoLibre in a research report on Thursday, July 2nd. Zacks Research upgraded shares of MercadoLibre from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. Benchmark lowered their target price on shares of MercadoLibre from $2,780.00 to $2,380.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Finally, Daiwa Securities Group lowered shares of MercadoLibre from a “buy” rating to a “hold” rating and set a $1,800.00 target price on the stock. in a report on Friday, May 8th. Eleven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $2,272.00.

Read Our Latest Analysis on MELI

About MercadoLibre

(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.