Brooklands Fund Management Ltd Buys 18,300 Shares of MercadoLibre, Inc. $MELI

Key Points

• Brooklands Fund Management initiated a MercadoLibre position by purchasing 18,300 shares valued at approximately $31.6 million, making MELI about 4.7% of its portfolio.
• Institutional investors and hedge funds own 87.62% of MELI, while analysts maintain a “Moderate Buy” consensus with an average price target of $2,248.75.
• MercadoLibre exceeded quarterly expectations with $9.19 in EPS and $10.17 billion in revenue, though investors continue to monitor its high valuation and upcoming third-quarter results.

Brooklands Fund Management Ltd purchased a new position in MercadoLibre, Inc. (NASDAQ:MELI - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 18,300 shares of the company's stock, valued at approximately $31,632,000. MercadoLibre accounts for approximately 4.7% of Brooklands Fund Management Ltd's investment portfolio, making the stock its 6th biggest position.

A number of other large investors have also bought and sold shares of MELI. Wedbush Fund Advisers LLC acquired a new stake in shares of MercadoLibre in the 2nd quarter valued at about $29,000. Twin Lakes Capital Management LLC bought a new position in MercadoLibre in the second quarter worth approximately $31,000. NBT Bank N.A. acquired a new position in MercadoLibre during the third quarter worth $35,000. Markowski Investments acquired a new position in MercadoLibre during the second quarter worth $36,000. Finally, Byrne Asset Management LLC bought a new position in shares of MercadoLibre in the third quarter valued at $40,000. 87.62% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on MELI shares. Zacks Research raised shares of MercadoLibre from a "strong sell" rating to a "hold" rating in a research report on Monday, July 13th. Weiss Ratings reissued a "hold (c)" rating on shares of MercadoLibre in a report on Tuesday, September 29th. JPMorgan Chase & Co. increased their price objective on MercadoLibre from $1,900.00 to $2,150.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 11th. Susquehanna raised their target price on MercadoLibre to $2,400.00 and gave the company a "positive" rating in a report on Tuesday, October 6th. Finally, BTIG Research reaffirmed a "buy" rating and set a $2,150.00 target price on shares of MercadoLibre in a research report on Tuesday. Thirteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat, MercadoLibre has a consensus rating of "Moderate Buy" and an average target price of $2,248.75.

MercadoLibre Stock Down 0.8%

MercadoLibre stock opened at $1,660.13 on Friday. MercadoLibre, Inc. has a fifty-two week low of $1,495.00 and a fifty-two week high of $2,428.00. The stock has a market cap of $84.17 billion, a PE ratio of 45.15, a price-to-earnings-growth ratio of 1.18 and a beta of 1.31. The firm's 50-day simple moving average is $1,846.59 and its 200 day simple moving average is $1,818.52. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.10 and a current ratio of 1.12.

MercadoLibre (NASDAQ:MELI - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $9.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $8.65 by $0.54. The business had revenue of $10.17 billion during the quarter, compared to the consensus estimate of $9.79 billion. MercadoLibre had a net margin of 5.30% and a return on equity of 26.54%. The firm's quarterly revenue was up 49.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $10.31 EPS. Research analysts predict that MercadoLibre, Inc. will post 38.09 EPS for the current fiscal year.

More MercadoLibre News

Here are the key news stories impacting MercadoLibre this week:

• Positive Sentiment: Citigroup upgraded MELI to Buy, providing a potentially supportive analyst signal and suggesting the recent weakness has improved the stock’s risk-reward profile. MercadoLibre Raised to Buy at Citigroup
• Positive Sentiment: Mercado Ads remains a growth opportunity. Management discussed the advertising unit’s strategy, competitive position and expansion opportunities, including a planned Netflix partnership, which could diversify revenue and improve monetization across MercadoLibre’s ecosystem. MercadoLibre Stock Could Look Pricey Despite Fresh Advertising Expansion News
• Neutral Sentiment: MercadoLibre will report third-quarter 2026 results on November 4. The announcement gives investors a near-term catalyst; expectations for revenue growth, operating margins, credit performance and guidance are likely to drive the next major move. MercadoLibre to Report Third Quarter 2026 Financial Results
• Neutral Sentiment: MercadoLibre’s new Argentina center signals continued investment in its Latin American operations, although the articles provide no details on the facility’s expected financial contribution. Mercado Libre Opens Argentina Center
• Negative Sentiment: Valuation remains a key concern. Commentary says MELI may look expensive relative to the profits currently supporting its share price, even with rapid e-commerce, fintech and advertising growth. MercadoLibre Valuation Analysis
• Negative Sentiment: Zacks warned that MercadoLibre does not have the ideal combination of factors for a likely earnings beat, increasing caution before the November 4 report. MercadoLibre Earnings Expected to Grow

MercadoLibre Profile

MercadoLibre, Inc is a technology company that operates an online commerce and financial services ecosystem across Latin America. Founded in 1999 by Marcos Galperin, the company initially developed an online marketplace and has expanded into a broad platform connecting buyers and sellers with businesses and consumers.

Its commerce operations include the MercadoLibre marketplace, where users can purchase and sell products across numerous categories. The company also offers supporting services such as Mercado Envíos for shipping and logistics, Mercado Ads for digital advertising, and tools for merchants to manage their online businesses.

MercadoLibre's financial technology business is centered on Mercado Pago, which provides digital payment processing, online checkout, money transfer and account services.

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