2,030 Shares in MercadoLibre, Inc. (NASDAQ:MELI) Bought by Optiver Holding B.V.

Optiver Holding B.V. bought a new position in shares of MercadoLibre, Inc. (NASDAQ:MELI - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 2,030 shares of the company's stock, valued at approximately $3,452,000.

A number of other large investors have also added to or reduced their stakes in MELI. Human Investing LLC bought a new position in shares of MercadoLibre in the fourth quarter valued at about $26,000. Pacific Capital Wealth Advisors Inc. boosted its stake in MercadoLibre by 220.0% in the 4th quarter. Pacific Capital Wealth Advisors Inc. now owns 16 shares of the company's stock valued at $27,000 after purchasing an additional 11 shares during the period. Brown Lisle Cummings Inc. grew its holdings in MercadoLibre by 100.0% in the 4th quarter. Brown Lisle Cummings Inc. now owns 16 shares of the company's stock valued at $27,000 after buying an additional 8 shares in the last quarter. Covestor Ltd bought a new position in MercadoLibre during the 4th quarter worth $27,000. Finally, Heck Capital Advisors LLC acquired a new stake in shares of MercadoLibre during the fourth quarter worth $32,000. Institutional investors own 87.62% of the company's stock.

MercadoLibre Price Performance

Shares of MELI traded down $13.83 during trading hours on Friday, reaching $2,280.69. The stock had a trading volume of 352,927 shares, compared to its average volume of 383,168. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.22 and a current ratio of 1.25. MercadoLibre, Inc. has a 12 month low of $1,550.00 and a 12 month high of $2,374.54. The stock has a market capitalization of $115.62 billion, a PE ratio of 60.50, a PEG ratio of 1.12 and a beta of 1.62. The company's 50-day moving average is $2,061.51 and its two-hundred day moving average is $1,973.85.

MercadoLibre (NASDAQ:MELI - Get Free Report) last posted its earnings results on Thursday, February 20th. The company reported $12.61 EPS for the quarter, beating the consensus estimate of $10.21 by $2.40. The firm had revenue of $6.06 billion during the quarter, compared to the consensus estimate of $5.94 billion. MercadoLibre had a return on equity of 51.89% and a net margin of 9.20%. Research analysts expect that MercadoLibre, Inc. will post 43.96 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on MELI shares. New Street Research raised shares of MercadoLibre from a "neutral" rating to a "buy" rating and raised their price target for the stock from $2,000.00 to $2,300.00 in a research report on Thursday, January 30th. Raymond James upgraded shares of MercadoLibre from an "outperform" rating to a "strong-buy" rating and set a $2,250.00 price target for the company in a research report on Tuesday, January 21st. Bank of America increased their price target on MercadoLibre from $2,500.00 to $3,000.00 and gave the stock a "buy" rating in a research report on Friday, February 21st. Citigroup reaffirmed a "buy" rating on shares of MercadoLibre in a report on Tuesday, April 15th. Finally, Wedbush cut their price objective on shares of MercadoLibre from $2,200.00 to $2,100.00 and set an "outperform" rating for the company in a research report on Monday, January 6th. One research analyst has rated the stock with a sell rating, two have given a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $2,464.67.

MercadoLibre Profile

MercadoLibre, Inc operates online commerce platforms in the United States. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases digitally; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps.