MercadoLibre, Inc. $MELI Shares Sold by Thornburg Investment Management Inc.

Posted by Brenda Bartman on Aug 30th, 2026

Thornburg Investment Management Inc. lessened its holdings in shares of MercadoLibre, Inc. (NASDAQ:MELI – Free Report) by 5.1% in the 2nd quarter, Holdings Channel reports. The fund owned 29,450 shares of the company’s stock after selling 1,572 shares during the quarter. Thornburg Investment Management Inc.’s holdings in MercadoLibre were worth $49,988,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of MELI. Laurel Wealth Advisors LLC acquired a new position in shares of MercadoLibre during the 4th quarter worth approximately $26,000. Transamerica Financial Advisors LLC purchased a new stake in shares of MercadoLibre in the fourth quarter valued at approximately $26,000. Purpose Unlimited Inc. acquired a new stake in shares of MercadoLibre in the fourth quarter valued at approximately $28,000. Wedbush Fund Advisers LLC acquired a new stake in shares of MercadoLibre in the second quarter valued at approximately $29,000. Finally, Darwin Wealth Management LLC purchased a new position in MercadoLibre during the second quarter worth approximately $29,000. Institutional investors and hedge funds own 87.62% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Barclays lowered their price objective on MercadoLibre from $2,500.00 to $2,300.00 and set an “overweight” rating on the stock in a research note on Monday, May 11th. Morgan Stanley reduced their price target on MercadoLibre from $2,600.00 to $2,450.00 and set an “overweight” rating on the stock in a report on Monday, May 11th. JPMorgan Chase & Co. boosted their price target on shares of MercadoLibre from $1,900.00 to $2,150.00 and gave the company a “neutral” rating in a research report on Tuesday, August 11th. The Goldman Sachs Group set a $2,100.00 price objective on shares of MercadoLibre in a report on Wednesday, May 13th. Finally, Cantor Fitzgerald raised their price objective on shares of MercadoLibre from $2,150.00 to $2,300.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Eleven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $2,272.00.

View Our Latest Research Report on MercadoLibre

MercadoLibre Price Performance

MELI stock opened at $1,966.25 on Friday. The business has a fifty day moving average of $1,824.45 and a two-hundred day moving average of $1,772.36. The company has a quick ratio of 1.10, a current ratio of 1.12 and a debt-to-equity ratio of 0.53. The stock has a market cap of $99.69 billion, a price-to-earnings ratio of 53.47, a price-to-earnings-growth ratio of 1.35 and a beta of 1.34. 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 posted its earnings results on Wednesday, August 5th. The company reported $9.19 EPS for the quarter, beating analysts’ consensus estimates of $8.65 by $0.54. MercadoLibre had a return on equity of 26.54% and a net margin of 5.30%.The company had revenue of $10.17 billion for the quarter, compared to the consensus estimate of $9.79 billion. During the same quarter in the previous year, the business earned $10.31 earnings per share. The company’s revenue for the quarter was up 49.8% on a year-over-year basis. As a group, research analysts anticipate that MercadoLibre, Inc. will post 39.11 earnings per share for the current year.

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.