MercadoLibre, Inc. $MELI is Coronation Fund Managers Ltd.'s Largest Position

Key Points

• Coronation Fund Managers Ltd. increased its stake in MercadoLibre by 60.3% in Q4 to 141,785 shares, making MELI its largest holding and representing about 0.28% of MercadoLibre valued at roughly $285.6 million.
• MercadoLibre reported Q4 results of $11.03 EPS on $8.76 billion in revenue, and the stock trades with a market cap near $93.0 billion and a P/E of 46.58.
• Analyst sentiment is mixed — MarketBeat shows a consensus rating of Moderate Buy with a $2,685.33 target, but recent downgrades and several lowered price targets introduce near‑term downside risk.

Coronation Fund Managers Ltd. lifted its position in MercadoLibre, Inc. (NASDAQ:MELI - Free Report) by 60.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 141,785 shares of the company's stock after purchasing an additional 53,352 shares during the quarter. MercadoLibre accounts for about 12.8% of Coronation Fund Managers Ltd.'s holdings, making the stock its largest holding. Coronation Fund Managers Ltd. owned approximately 0.28% of MercadoLibre worth $285,592,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Impax Asset Management Group plc boosted its holdings in shares of MercadoLibre by 20.7% in the 4th quarter. Impax Asset Management Group plc now owns 2,462 shares of the company's stock worth $4,959,000 after purchasing an additional 423 shares in the last quarter. Sava Infond d.o.o. boosted its holdings in shares of MercadoLibre by 16.9% in the 4th quarter. Sava Infond d.o.o. now owns 5,945 shares of the company's stock worth $11,975,000 after purchasing an additional 860 shares in the last quarter. Resonant Capital Advisors LLC boosted its holdings in MercadoLibre by 4.3% during the 4th quarter. Resonant Capital Advisors LLC now owns 145 shares of the company's stock valued at $292,000 after acquiring an additional 6 shares during the period. Concurrent Investment Advisors LLC boosted its holdings in MercadoLibre by 23.0% during the 4th quarter. Concurrent Investment Advisors LLC now owns 871 shares of the company's stock valued at $1,755,000 after acquiring an additional 163 shares during the period. Finally, Cypress Asset Management Inc. TX boosted its holdings in MercadoLibre by 0.5% during the 4th quarter. Cypress Asset Management Inc. TX now owns 5,503 shares of the company's stock valued at $11,084,000 after acquiring an additional 28 shares during the period. 87.62% of the stock is currently owned by hedge funds and other institutional investors.

MercadoLibre Trading Up 1.4%

NASDAQ MELI opened at $1,835.22 on Friday. MercadoLibre, Inc. has a fifty-two week low of $1,593.21 and a fifty-two week high of $2,645.22. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.15 and a current ratio of 1.17. The stock has a 50 day simple moving average of $1,776.47 and a two-hundred day simple moving average of $1,985.19. The stock has a market cap of $93.04 billion, a P/E ratio of 46.58, a price-to-earnings-growth ratio of 0.87 and a beta of 1.49.

MercadoLibre (NASDAQ:MELI - Get Free Report) last released its quarterly earnings data on Saturday, February 14th. The company reported $11.03 earnings per share for the quarter. MercadoLibre had a return on equity of 33.73% and a net margin of 6.91%.The business had revenue of $8.76 billion during the quarter. On average, analysts forecast that MercadoLibre, Inc. will post 50.05 earnings per share for the current year.

Key Stories Impacting MercadoLibre

Here are the key news stories impacting MercadoLibre this week:

• Positive Sentiment: DBS issued a positive report highlighting favorable fundamentals or outlook for MercadoLibre, which can support demand for the shares by reinforcing growth expectations. DBS positive report
• Positive Sentiment: Recent Q4 highlights and coverage of MercadoLibre’s marketplace strength (revenue growth, GMV, or segment momentum noted in market roundups) support the constructive narrative for long-term growth. Q4 highlights
• Neutral Sentiment: “Brokers suggest investing” coverage reiterates bullish sell‑side sentiment but notes the limits of average broker ratings — helpful for flow but not a fresh catalyst. Broker commentary
• Neutral Sentiment: Reported short-interest data is uninformative (zero/NaN in the release) and does not indicate a short squeeze risk or cap on downside at present. (Data shows effectively no days-to-cover.)
• Negative Sentiment: Zacks downgraded MELI from “hold” to “strong sell,” a move that can pressure sentiment and trigger selling by momentum-focused funds. Zacks downgrade TickerReport
• Negative Sentiment: Coverage noted a steeper intraday decline versus the market recently, signaling short-term selling pressure and volatility for the stock. Price weakness coverage
• Negative Sentiment: James Hambro & Partners materially trimmed its MELI stake — a notable institutional sale tied to concerns over rising competition and rapid credit expansion, which increases downside risk if others follow. Stake sale article
• Negative Sentiment: Cantor Fitzgerald issued a pessimistic forecast for MELI’s share price, adding to the negative analyst noise that can weigh on shorter-term performance. Cantor Fitzgerald note

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on MELI shares. Zacks Research cut MercadoLibre from a "hold" rating to a "strong sell" rating in a report on Wednesday. UBS Group dropped their target price on MercadoLibre from $2,900.00 to $2,700.00 and set a "buy" rating for the company in a report on Friday, February 27th. Wedbush dropped their target price on MercadoLibre from $2,600.00 to $2,400.00 and set an "outperform" rating for the company in a report on Wednesday, February 25th. Cantor Fitzgerald dropped their target price on MercadoLibre from $2,400.00 to $2,350.00 and set an "overweight" rating for the company in a report on Tuesday. Finally, BTIG Research restated a "buy" rating and set a $2,400.00 target price on shares of MercadoLibre in a report on Friday, April 10th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, MercadoLibre has a consensus rating of "Moderate Buy" and a consensus target price of $2,685.33.

MercadoLibre Company Profile

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.

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