Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of MercadoLibre, Inc. NASDAQ: MELI. In a filing disclosed on August 29th, the Representative disclosed that they had bought between $1,001 and $15,000 in MercadoLibre stock on August 28th.
Representative Marjorie Taylor Greene also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 8/28/2025.
- Purchased $1,001 - $15,000 in shares of Southern NYSE: SO on 8/28/2025.
- Purchased $1,001 - $15,000 in shares of Merck & Co., Inc. NYSE: MRK on 8/28/2025.
- Purchased $1,001 - $15,000 in shares of PepsiCo NASDAQ: PEP on 8/28/2025.
- Purchased $1,001 - $15,000 in shares of Morgan Stanley NYSE: MS on 8/28/2025.
- Purchased $1,001 - $15,000 in shares of Novo Nordisk A/S NYSE: NVO on 8/28/2025.
- Purchased $15,001 - $50,000 in shares of Exelon NASDAQ: EXC on 8/28/2025.
- Purchased $15,001 - $50,000 in shares of Ryman Hospitality Properties NYSE: RHP on 8/28/2025.
- Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOG on 8/28/2025.
- Purchased $1,001 - $15,000 in shares of United Parcel Service NYSE: UPS on 8/28/2025.
MercadoLibre Stock Performance
NASDAQ:MELI traded down $6.64 during mid-day trading on Wednesday, hitting $2,373.12. The company's stock had a trading volume of 302,149 shares, compared to its average volume of 358,440. MercadoLibre, Inc. has a 1 year low of $1,646.00 and a 1 year high of $2,645.22. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.20 and a quick ratio of 1.18. The stock has a market cap of $120.32 billion, a price-to-earnings ratio of 58.61, a PEG ratio of 1.61 and a beta of 1.49. The business's fifty day moving average is $2,411.12 and its two-hundred day moving average is $2,294.95.
MercadoLibre (NASDAQ:MELI - Get Free Report) last posted its earnings results on Monday, August 4th. The company reported $10.31 EPS for the quarter, missing analysts' consensus estimates of $12.01 by ($1.70). MercadoLibre had a net margin of 8.52% and a return on equity of 43.06%. The business had revenue of $6.79 billion for the quarter, compared to analyst estimates of $6.57 billion. During the same quarter last year, the business earned $10.48 earnings per share. MercadoLibre's revenue was up 33.8% on a year-over-year basis. Analysts anticipate that MercadoLibre, Inc. will post 43.96 EPS for the current fiscal year.
Hedge Funds Weigh In On MercadoLibre
Hedge funds have recently modified their holdings of the company. Darwin Wealth Management LLC acquired a new stake in shares of MercadoLibre during the second quarter valued at approximately $29,000. Key Financial Inc acquired a new position in MercadoLibre during the 1st quarter valued at $25,000. GW&K Investment Management LLC bought a new position in MercadoLibre in the first quarter worth $25,000. Close Asset Management Ltd boosted its stake in MercadoLibre by 366.7% in the 1st quarter. Close Asset Management Ltd now owns 14 shares of the company's stock valued at $27,000 after buying an additional 11 shares in the last quarter. Finally, Highline Wealth Partners LLC raised its stake in shares of MercadoLibre by 366.7% in the second quarter. Highline Wealth Partners LLC now owns 14 shares of the company's stock worth $37,000 after acquiring an additional 11 shares during the last quarter. 87.62% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
MELI has been the topic of a number of recent analyst reports. Citigroup decreased their price objective on MercadoLibre from $2,900.00 to $2,850.00 and set a "buy" rating on the stock in a report on Monday, August 18th. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $2,700.00 target price on shares of MercadoLibre in a research note on Tuesday, August 5th. JPMorgan Chase & Co. lifted their price target on shares of MercadoLibre from $2,600.00 to $2,700.00 and gave the company a "neutral" rating in a research report on Thursday, August 7th. Scotiabank began coverage on shares of MercadoLibre in a report on Monday, July 28th. They issued a "sector outperform" rating and a $3,500.00 price objective on the stock. Finally, Barclays cut their target price on MercadoLibre from $3,100.00 to $3,000.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, MercadoLibre currently has an average rating of "Moderate Buy" and a consensus price target of $2,817.22.
Get Our Latest Research Report on MercadoLibre
About Representative Greene
Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.
Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.
About MercadoLibre
(
Get Free Report)
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.
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