Sageworth Trust Co Invests $500,000 in MercadoLibre, Inc. $MELI

Posted by Geri Gentry on Jul 9th, 2026

Sageworth Trust Co acquired a new stake in MercadoLibre, Inc. (NASDAQ:MELI – Free Report) in the first quarter, Holdings Channel.com reports. The fund acquired 289 shares of the company’s stock, valued at approximately $500,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Axxcess Wealth Management LLC grew its position in MercadoLibre by 11.3% in the 1st quarter. Axxcess Wealth Management LLC now owns 157 shares of the company’s stock valued at $271,000 after acquiring an additional 16 shares in the last quarter. Meitav Investment House Ltd. increased its stake in MercadoLibre by 64.2% during the first quarter. Meitav Investment House Ltd. now owns 4,505 shares of the company’s stock worth $7,789,000 after purchasing an additional 1,762 shares during the period. Resonant Capital Advisors LLC lifted its position in shares of MercadoLibre by 7.6% during the first quarter. Resonant Capital Advisors LLC now owns 156 shares of the company’s stock worth $270,000 after purchasing an additional 11 shares in the last quarter. United Asset Strategies Inc. lifted its position in shares of MercadoLibre by 5.9% during the first quarter. United Asset Strategies Inc. now owns 502 shares of the company’s stock worth $868,000 after purchasing an additional 28 shares in the last quarter. Finally, Downshift Financial LLC acquired a new stake in shares of MercadoLibre during the first quarter worth about $311,000. Hedge funds and other institutional investors own 87.62% of the company’s stock.

Analyst Ratings Changes

MELI has been the subject of a number of research reports. Daiwa Securities Group cut shares of MercadoLibre from a “buy” rating to a “hold” rating and set a $1,800.00 price objective for the company. in a report on Friday, May 8th. Cantor Fitzgerald reduced their target price on shares of MercadoLibre from $2,400.00 to $2,350.00 and set an “overweight” rating on the stock in a report on Tuesday, April 21st. Citigroup cut shares of MercadoLibre from a “buy” rating to a “neutral” rating and decreased their price target for the company from $2,200.00 to $1,950.00 in a research report on Wednesday, May 13th. Weiss Ratings restated a “hold (c)” rating on shares of MercadoLibre in a research note on Thursday, July 2nd. Finally, Zacks Research downgraded shares of MercadoLibre from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 22nd. 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 given a Sell rating to the stock. According to data from MarketBeat.com, MercadoLibre has an average rating of “Moderate Buy” and a consensus price target of $2,255.33.

Check Out Our Latest Research Report on MELI

Insider Transactions at MercadoLibre

In other news, Director Alejandro Nicolas Aguzin purchased 600 shares of the stock in a transaction on Friday, May 22nd. The stock was bought at an average price of $1,655.93 per share, for a total transaction of $993,558.00. Following the acquisition, the director directly owned 5,355 shares of the company’s stock, valued at approximately $8,867,505.15. The trade was a 12.62% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.26% of the stock is owned by corporate insiders.

MercadoLibre Stock Performance

Shares of MELI opened at $1,809.38 on Thursday. The stock has a 50-day simple moving average of $1,673.87 and a 200-day simple moving average of $1,828.99. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.14 and a current ratio of 1.16. The stock has a market capitalization of $91.74 billion, a PE ratio of 47.75, a PEG ratio of 1.12 and a beta of 1.35. MercadoLibre, Inc. has a 1 year low of $1,495.00 and a 1 year high of $2,548.50.

MercadoLibre (NASDAQ:MELI – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $8.23 EPS for the quarter, missing analysts’ consensus estimates of $8.75 by ($0.52). The company had revenue of $8.85 billion for the quarter, compared to analyst estimates of $8.29 billion. MercadoLibre had a return on equity of 29.58% and a net margin of 6.04%.The business’s quarterly revenue was up 49.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $9.74 earnings per share. On average, analysts predict 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.