Rep. Val T. Hoyle Sells MercadoLibre, Inc. (NASDAQ:MELI) Stock

Key Points

• Representative Val T. Hoyle sold between $1,001 and $15,000 in shares of MercadoLibre, Inc. (NASDAQ:MELI) on September 23rd, as reported on October 10th.
• MercadoLibre's recent earnings report showed earnings per share of $10.31, missing estimates by $1.70, despite a year-over-year revenue increase of 33.8%.
• Analysts have varied opinions on MercadoLibre, with a consensus rating of "Moderate Buy" and an average target price of $2,815.29.

Representative Val T. Hoyle (D-Oregon) recently sold shares of MercadoLibre, Inc. NASDAQ: MELI. In a filing disclosed on October 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in MercadoLibre stock on September 23rd. The trade occurred in the Representative's "FIDELITY ROLLOVER IRA" account.

Representative Val T. Hoyle also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Marriott International NASDAQ: MAR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Transdigm Group NYSE: TDG on 9/23/2025.
• Sold $1,001 - $15,000 in shares of H&R Block NYSE: HRB on 9/23/2025.
• Sold $1,001 - $15,000 in shares of NIKE NYSE: NKE on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Bank of New York Mellon NYSE: BK on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Cisco Systems NASDAQ: CSCO on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Capital One Financial NYSE: COF on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Pentair NYSE: PNR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Heico NYSE: HEI.A on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Target NYSE: TGT on 9/23/2025.

MercadoLibre Price Performance

Shares of NASDAQ MELI opened at $2,133.67 on Friday. MercadoLibre, Inc. has a twelve month low of $1,646.00 and a twelve month high of $2,645.22. The company has a market cap of $108.18 billion, a PE ratio of 52.70, a price-to-earnings-growth ratio of 1.52 and a beta of 1.46. The business's 50 day moving average price is $2,363.50 and its two-hundred day moving average price is $2,344.22. The company has a quick ratio of 1.18, a current ratio of 1.20 and a debt-to-equity ratio of 0.61.

MercadoLibre (NASDAQ:MELI - Get Free Report) last released its earnings results on Monday, August 4th. The company reported $10.31 earnings per share for the quarter, missing the consensus estimate of $12.01 by ($1.70). The business had revenue of $6.79 billion for the quarter, compared to the consensus estimate of $6.57 billion. MercadoLibre had a return on equity of 43.06% and a net margin of 8.52%.The firm's revenue for the quarter was up 33.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $10.48 earnings per share. On average, analysts predict that MercadoLibre, Inc. will post 43.96 EPS for the current year.

Institutional Investors Weigh In On MercadoLibre

Hedge funds have recently modified their holdings of the business. Bison Wealth LLC bought a new position in shares of MercadoLibre during the 4th quarter worth approximately $206,000. NBC Securities Inc. purchased a new position in MercadoLibre during the first quarter valued at $72,000. Capital Investment Advisors LLC acquired a new stake in shares of MercadoLibre in the first quarter valued at about $220,000. Farther Finance Advisors LLC increased its position in MercadoLibre by 135.6% during the first quarter. Farther Finance Advisors LLC now owns 629 shares of the company's stock worth $1,205,000 after purchasing an additional 362 shares during the last quarter. Finally, Yousif Capital Management LLC acquired a new stake in MercadoLibre during the first quarter worth about $261,000. Hedge funds and other institutional investors own 87.62% of the company's stock.

Analysts Set New Price Targets

MELI has been the topic of a number of research reports. Susquehanna reaffirmed a "positive" rating and issued a $2,975.00 price target (up previously from $2,840.00) on shares of MercadoLibre in a report on Thursday, June 26th. Wall Street Zen lowered shares of MercadoLibre from a "buy" rating to a "hold" rating in a research report on Sunday, June 22nd. Citigroup dropped their price objective on shares of MercadoLibre from $2,850.00 to $2,700.00 and set a "buy" rating for the company in a report on Thursday. Weiss Ratings reiterated a "buy (b)" rating on shares of MercadoLibre in a report on Wednesday. Finally, Daiwa Capital Markets initiated coverage on shares of MercadoLibre in a research note on Friday, August 1st. They set a "buy" rating and a $3,000.00 target price for the company. One 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 stock. Based on data from MarketBeat.com, MercadoLibre has a consensus rating of "Moderate Buy" and an average target price of $2,815.29.

About Representative Hoyle

Val Hoyle (Democratic Party) is a member of the U.S. House, representing Oregon's 4th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. Hoyle (Democratic Party) is running for re-election to the U.S. House to represent Oregon's 4th Congressional District. She declared candidacy for the 2026 election. Val Hoyle was born in California and lives in Springfield, Oregon. Hoyle graduated from Merrimack High School. She earned a B.A. in political science from Emmanuel College in 1992. Her career experience includes working as a director at United Way of Lane County, a policy fellow at Wayne Morse Center for Law and Politics, and a commissioner at the Oregon Bureau of Labor and Industries. Hoyle has also worked in domestic and international sales, as well as manufacturing distribution.

MercadoLibre Company 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.

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