MercadoLibre, Inc. $MELI Stock: M&G PLC Decreases Holdings

Posted by Brian Himes on Nov 10th, 2026

M&G PLC lessened its stake in MercadoLibre, Inc. (NASDAQ:MELI – Free Report) by 3.3% in the 3rd quarter, Holdings Channel.com reports. The fund owned 27,172 shares of the company’s stock after selling 932 shares during the quarter. M&G PLC’s holdings in MercadoLibre were worth $46,980,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. AlphaCore Capital LLC raised its position in shares of MercadoLibre by 39.6% during the 3rd quarter. AlphaCore Capital LLC now owns 328 shares of the company’s stock valued at $567,000 after buying an additional 93 shares during the period. Fulcrum Asset Management LLP purchased a new stake in shares of MercadoLibre during the 3rd quarter worth $57,000. Hohimer Wealth Management LLC increased its stake in MercadoLibre by 68.5% in the third quarter. Hohimer Wealth Management LLC now owns 3,153 shares of the company’s stock valued at $5,450,000 after purchasing an additional 1,282 shares during the last quarter. Paragon Advisors LLC boosted its stake in MercadoLibre by 17.4% in the third quarter. Paragon Advisors LLC now owns 1,729 shares of the company’s stock valued at $2,989,000 after acquiring an additional 256 shares in the last quarter. Finally, Brighton Jones LLC grew its stake in MercadoLibre by 14.9% during the 3rd quarter. Brighton Jones LLC now owns 719 shares of the company’s stock worth $1,242,000 after buying an additional 93 shares during the last quarter. Hedge funds and other institutional investors own 87.62% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. JPMorgan Chase & Co. decreased their target price on shares of MercadoLibre from $2,150.00 to $1,850.00 and set a “neutral” rating for the company in a research note on Monday. Zacks Research raised shares of MercadoLibre from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Scotiabank dropped their price target on MercadoLibre from $2,800.00 to $2,300.00 and set a “sector outperform” rating for the company in a research report on Thursday, November 5th. BTIG Research reduced their target price on MercadoLibre from $2,150.00 to $2,050.00 and set a “buy” rating on the stock in a research note on Thursday, November 5th. Finally, Cantor Fitzgerald decreased their price target on shares of MercadoLibre from $2,200.00 to $2,000.00 and set an “overweight” rating on the stock in a research note on Thursday, November 5th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $2,180.00.

Read Our Latest Report on MercadoLibre

MercadoLibre News Roundup

Here are the key news stories impacting MercadoLibre this week:

Positive Sentiment: MercadoLibre reported 45% year-over-year revenue growth in Q3. Investors also have signs of ongoing marketplace momentum: fulfillment space grew nearly 20% quarter over quarter, and orders through Brazil’s affiliate-marketing channel rose 240% year over year. Article: MercadoLibre: 3 Key Takeaways for Long-Term Investors
Positive Sentiment: A bullish investor view argues the recent selloff may make MELI attractive, emphasizing that users are buying more often and entrusting more money to Mercado Pago despite Brazil’s political jitters and a broader growth-stock pullback. Article: MercadoLibre Stock Looks Attractive Even as Brazil Fears Mount
Negative Sentiment: Growth is pressuring profitability: shipping expenses and expansion investment are squeezing margins, even as logistics efficiency improves in Brazil. Q3 EPS of $8.83 also missed the $9.27 consensus estimate, tempering the strong revenue result. Article: MercadoLibre’s Growth Strategy Puts Profit Margins to the Test
Negative Sentiment: JPMorgan cut its price target to $1,850 from $2,150 and kept a neutral rating. Reports also flagged target reductions from Scotiabank and BTIG, adding to pressure on investor expectations, although JPMorgan’s revised target remained above the cited share price. Article: JPMorgan price-target update

MercadoLibre Stock Up 1.5%

MELI opened at $1,532.68 on Tuesday. The firm has a 50 day moving average price of $1,799.34 and a 200 day moving average price of $1,801.93. MercadoLibre, Inc. has a 1 year low of $1,469.01 and a 1 year high of $2,342.00. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.10 and a current ratio of 1.12. The company has a market cap of $77.71 billion, a PE ratio of 41.11, a price-to-earnings-growth ratio of 1.22 and a beta of 1.42.

MercadoLibre (NASDAQ:MELI – Get Free Report) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $8.83 earnings per share for the quarter, missing analysts’ consensus estimates of $9.27 by ($0.44). The business had revenue of $10.75 billion for the quarter, compared to analysts’ expectations of $10.69 billion. MercadoLibre had a return on equity of 25.93% and a net margin of 4.91%. The firm’s revenue for the quarter was up 45.1% on a year-over-year basis. During the same period last year, the company posted $8.32 earnings per share. Sell-side analysts expect that MercadoLibre, Inc. will post 38.21 earnings per share for the current year.

About MercadoLibre

(Free Report)

MercadoLibre, Inc operates an online commerce and financial technology platform focused on Latin America. Founded in Argentina in 1999, the company connects buyers and sellers through its marketplace, where businesses and individuals can list and purchase a wide range of products.

The company’s services also include Mercado Pago, which offers digital payment and financial services for transactions on and off its marketplace. MercadoLibre supports commerce with services such as Mercado Envíos, its shipping and logistics platform, and provides advertising tools for merchants and brands.

MercadoLibre serves customers and businesses across numerous Latin American markets, including Brazil, Mexico and Argentina.