MercadoLibre, Inc. $MELI Stake Lessened by Westpac Banking Corp

Posted by Brenda Bartman on Jun 4th, 2026

Westpac Banking Corp lowered its holdings in MercadoLibre, Inc. (NASDAQ:MELI – Free Report) by 34.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,240 shares of the company’s stock after selling 643 shares during the period. Westpac Banking Corp’s holdings in MercadoLibre were worth $2,498,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Darwin Wealth Management LLC purchased a new stake in shares of MercadoLibre during the second quarter worth $29,000. Laurel Wealth Advisors LLC purchased a new stake in shares of MercadoLibre during the fourth quarter worth $26,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of MercadoLibre during the third quarter worth $35,000. Holos Integrated Wealth LLC purchased a new stake in shares of MercadoLibre during the fourth quarter worth $32,000. Finally, Rothschild Investment LLC raised its holdings in shares of MercadoLibre by 35.7% during the third quarter. Rothschild Investment LLC now owns 19 shares of the company’s stock worth $44,000 after acquiring an additional 5 shares in the last quarter. Hedge funds and other institutional investors own 87.62% of the company’s stock.

Analyst Upgrades and Downgrades

MELI has been the subject of several recent research reports. Cantor Fitzgerald cut their price objective on MercadoLibre from $2,400.00 to $2,350.00 and set an “overweight” rating for the company in a report on Tuesday, April 21st. UBS Group cut their price objective on MercadoLibre from $2,050.00 to $1,750.00 and set a “neutral” rating for the company in a report on Wednesday, May 13th. Jefferies Financial Group upgraded MercadoLibre from a “hold” rating to a “buy” rating and cut their price objective for the stock from $2,800.00 to $2,600.00 in a report on Tuesday, April 7th. Benchmark cut their price objective on MercadoLibre from $2,780.00 to $2,380.00 and set a “buy” rating for the company in a report on Friday, May 8th. Finally, Daiwa Securities Group lowered 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. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, MercadoLibre currently has a consensus rating of “Moderate Buy” and an average target price of $2,255.33.

Check Out Our Latest Stock Report on MercadoLibre

Insider Activity

In other MercadoLibre news, Director Alejandro Nicolas Aguzin purchased 600 shares of the stock in a transaction dated Friday, May 22nd. The shares were bought at an average cost of $1,655.93 per share, with a total value of $993,558.00. Following the completion of the transaction, the director owned 5,355 shares in the company, valued at $8,867,505.15. This trade represents a 12.62% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.26% of the company’s stock.

MercadoLibre Price Performance

NASDAQ MELI opened at $1,638.54 on Thursday. MercadoLibre, Inc. has a fifty-two week low of $1,495.00 and a fifty-two week high of $2,645.22. The stock’s 50-day moving average is $1,720.99 and its two-hundred day moving average is $1,892.73. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.16 and a quick ratio of 1.14. The firm has a market cap of $83.07 billion, a P/E ratio of 43.24, a price-to-earnings-growth ratio of 1.03 and a beta of 1.36.

MercadoLibre (NASDAQ:MELI – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $8.23 earnings per share for the quarter, missing the consensus estimate of $8.75 by ($0.52). MercadoLibre had a net margin of 6.04% and a return on equity of 29.58%. The company had revenue of $8.85 billion for the quarter, compared to the consensus estimate of $8.29 billion. During the same quarter last year, the business earned $9.74 earnings per share. MercadoLibre’s quarterly revenue was up 49.0% on a year-over-year basis. On average, analysts anticipate that MercadoLibre, Inc. will post 40.97 earnings per share for the current fiscal year.

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.