MercadoLibre (NASDAQ:MELI) Stock Unloaded Rep. Gilbert Ray Cisneros, Jr.

Key Points

• Rep. Gilbert Ray Cisneros, Jr. sold between $1,001 and $15,000 of MercadoLibre (MELI) stock on March 25 from his "150 MAIN STREET TRUST > BANK OF AMERICA" account, according to an April 7 filing.
• Analyst sentiment is mostly positive after Jefferies upgraded MELI to a Buy with a $2,600 target; the consensus rating is "Moderate Buy" with an average price target around $2,695.
• Recent results and valuation: MercadoLibre reported $11.03 EPS and $8.76 billion in quarterly revenue, trades at a PE of about 45 with a market cap near $90 billion, and has pulled back from a 12‑month high of $2,645.22.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of MercadoLibre, Inc. (NASDAQ:MELI). In a filing disclosed on April 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in MercadoLibre stock on March 25th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of MACOM Technology Solutions NASDAQ: MTSI on 3/27/2026.
• Purchased $1,001 - $15,000 in shares of StandardAero NYSE: SARO on 3/27/2026.
• Purchased $1,001 - $15,000 in shares of FirstService NASDAQ: FSV on 3/27/2026.
• Sold $1,001 - $15,000 in shares of Charles Schwab NYSE: SCHW on 3/27/2026.
• Sold $1,001 - $15,000 in shares of Advanced Energy Industries NASDAQ: AEIS on 3/27/2026.
• Sold $1,001 - $15,000 in shares of Flex NASDAQ: FLEX on 3/27/2026.
• Purchased $1,001 - $15,000 in shares of LPL Financial NASDAQ: LPLA on 3/27/2026.
• Purchased $1,001 - $15,000 in shares of DoorDash NASDAQ: DASH on 3/27/2026.
• Sold $1,001 - $15,000 in shares of Viavi Solutions NASDAQ: VIAV on 3/27/2026.
• Purchased $15,001 - $50,000 in shares of Fabrinet NYSE: FN on 3/27/2026.

MercadoLibre Price Performance

NASDAQ:MELI opened at $1,775.74 on Thursday. The firm has a market cap of $90.03 billion, a PE ratio of 45.07, a price-to-earnings-growth ratio of 0.90 and a beta of 1.49. MercadoLibre, Inc. has a 12 month low of $1,593.21 and a 12 month high of $2,645.22. The company has a quick ratio of 1.15, a current ratio of 1.17 and a debt-to-equity ratio of 0.68. The company's 50-day moving average price is $1,830.97 and its two-hundred day moving average price is $2,027.01.

MercadoLibre (NASDAQ:MELI - Get Free Report) last released its quarterly earnings results on Saturday, February 14th. The company reported $11.03 EPS for the quarter. MercadoLibre had a net margin of 6.91% and a return on equity of 33.73%. The firm had revenue of $8.76 billion for the quarter. On average, equities analysts anticipate that MercadoLibre, Inc. will post 43.96 EPS for the current fiscal year.

Key Stories Impacting MercadoLibre

Here are the key news stories impacting MercadoLibre this week:

• Positive Sentiment: Jefferies upgraded MELI to Buy, arguing that recent investments into logistics, payments and technology are strengthening revenue drivers and should pay off over time. Read More.
• Positive Sentiment: Jefferies set a $2,600 price target and highlighted the investment-led thesis; the upgrade has renewed investor interest and supports a re-rating of the stock. Read More.
• Positive Sentiment: Brokerage coverage is broadly supportive: MELI carries a consensus rating of “Moderate Buy,” which reinforces the positive sentiment from the Jefferies call. Read More.
• Neutral Sentiment: Market reports note MELI recently outperformed the broader market, reflecting short-term momentum following the analyst activity rather than new company-specific disclosures. Read More.
• Negative Sentiment: Some coverage highlights conflicting analyst views on MELI and residual risks (execution, margin pressure from investments), signaling that not all analysts are aligned on valuation upside. Read More.

Hedge Funds Weigh In On MercadoLibre

Several large investors have recently bought and sold shares of MELI. Bison Wealth LLC acquired a new position in MercadoLibre in the fourth quarter valued at approximately $206,000. Empowered Funds LLC lifted its holdings in MercadoLibre by 6.9% in the first quarter. Empowered Funds LLC now owns 760 shares of the company's stock valued at $1,483,000 after buying an additional 49 shares during the period. Focus Partners Wealth lifted its holdings in MercadoLibre by 42.0% in the first quarter. Focus Partners Wealth now owns 602 shares of the company's stock valued at $1,176,000 after buying an additional 178 shares during the period. Sivia Capital Partners LLC acquired a new position in MercadoLibre in the second quarter valued at approximately $261,000. Finally, CW Advisors LLC lifted its holdings in MercadoLibre by 50.6% in the second quarter. CW Advisors LLC now owns 375 shares of the company's stock valued at $981,000 after buying an additional 126 shares during the period. 87.62% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on MELI. UBS Group reduced their target price on shares of MercadoLibre from $2,900.00 to $2,700.00 and set a "buy" rating on the stock in a research report on Friday, February 27th. JPMorgan Chase & Co. lowered shares of MercadoLibre from an "overweight" rating to a "neutral" rating and reduced their target price for the stock from $2,650.00 to $2,100.00 in a research report on Thursday, March 12th. Morgan Stanley reduced their target price on shares of MercadoLibre from $2,800.00 to $2,600.00 and set an "overweight" rating on the stock in a research report on Monday, March 9th. Jefferies Financial Group upgraded shares of MercadoLibre from a "hold" rating to a "buy" rating and reduced their target price for the stock from $2,800.00 to $2,600.00 in a research report on Tuesday. Finally, Wedbush reduced their target price on shares of MercadoLibre from $2,600.00 to $2,400.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, MercadoLibre currently has an average rating of "Moderate Buy" and an average price target of $2,695.33.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About MercadoLibre

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.