Rep. Gilbert Ray Cisneros, Jr. Buys MercadoLibre, Inc. (NASDAQ:MELI) Shares

Key Points

• Rep. Gilbert Ray Cisneros, Jr. disclosed buying between $1,001 and $15,000 of MercadoLibre (NASDAQ:MELI) stock on March 16, reported in an April 7 filing and executed in his "150 MAIN STREET TRUST > BANK OF AMERICA" account.
• MercadoLibre trades around $1,775 with a market cap near $90 billion and a one‑year range of $1,593–$2,645; analysts have a consensus “Moderate Buy” and an average target near $2,695, with recent upgrades (e.g., Jefferies) boosting investor interest.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of MercadoLibre, Inc. (NASDAQ:MELI). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in MercadoLibre stock on March 16th. 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 Stock Performance

NASDAQ MELI opened at $1,775.74 on Thursday. MercadoLibre, Inc. has a 1 year low of $1,593.21 and a 1 year high of $2,645.22. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.17 and a quick ratio of 1.15. The firm has a market cap of $90.03 billion, a price-to-earnings ratio of 45.07, a PEG ratio of 0.90 and a beta of 1.49. The company has a fifty day moving average price of $1,830.97 and a 200-day moving average price of $2,027.01.

MercadoLibre (NASDAQ:MELI - Get Free Report) last posted its earnings results on Saturday, February 14th. The company reported $11.03 earnings per share (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 during the quarter. As a group, equities research analysts predict that MercadoLibre, Inc. will post 43.96 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Morgan Stanley reduced their target price on shares of MercadoLibre from $2,800.00 to $2,600.00 and set an "overweight" rating for the company in a research note on Monday, March 9th. Barclays reduced their target price on shares of MercadoLibre from $2,900.00 to $2,600.00 and set an "overweight" rating for the company in a research note on Wednesday, February 25th. Cantor Fitzgerald reduced their target price on shares of MercadoLibre from $2,750.00 to $2,400.00 and set an "overweight" rating for the company in a research note on Wednesday, February 25th. Zacks Research upgraded shares of MercadoLibre from a "strong sell" rating to a "hold" rating in a research report on Friday, February 6th. Finally, Jefferies Financial Group upgraded shares of MercadoLibre from a "hold" rating to a "buy" rating and reduced their price target for the company from $2,800.00 to $2,600.00 in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $2,695.33.

Hedge Funds Weigh In On MercadoLibre

Institutional investors have recently added to or reduced their stakes in the stock. Laurel Wealth Advisors LLC bought a new position in MercadoLibre during the fourth quarter valued at about $26,000. Transamerica Financial Advisors LLC bought a new position in MercadoLibre during the fourth quarter valued at about $26,000. Purpose Unlimited Inc. bought a new position in MercadoLibre during the fourth quarter valued at about $28,000. Darwin Wealth Management LLC bought a new position in MercadoLibre during the second quarter valued at about $29,000. Finally, Curio Wealth LLC purchased a new stake in MercadoLibre during the fourth quarter valued at about $30,000. Institutional investors own 87.62% of the company's stock.

Key MercadoLibre News

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.

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.

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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