<div id="readability-page-1"><p>Wasatch Advisors LP raised its stake in  MercadoLibre, Inc. (NASDAQ:MELI - Free Report) by 1.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor  owned 149,794 shares of the company's stock after acquiring an additional 1,825 shares during the period. MercadoLibre accounts for approximately  1.3% of Wasatch Advisors LP's portfolio, making the stock its 21st largest position. Wasatch Advisors LP owned approximately 0.30% of MercadoLibre worth $254,716,000 at the end of the most recent reporting period.</p><ul><li>Why Markets Suddenly See Opportunity in These Emerging Markets</li></ul><p>Several other hedge funds also recently made changes to their positions in the company. NewEdge Advisors LLC grew its position in shares of  MercadoLibre by 52.4% during the fourth quarter. NewEdge Advisors LLC now owns 4,772 shares of the company's stock worth $8,114,000 after acquiring an additional 1,641 shares during the last quarter.  Insigneo Advisory Services LLC boosted its stake in  MercadoLibre by 1.0% during the 4th quarter. Insigneo Advisory Services LLC now owns 1,760 shares of the company's stock worth $2,992,000 after purchasing an additional 17 shares during the period.  Guggenheim Capital LLC grew its position in  MercadoLibre by 1.4% during the 4th quarter. Guggenheim Capital LLC now owns 12,774 shares of the company's stock worth $21,721,000 after purchasing an additional 182 shares during the last quarter.  Aware Super Pty Ltd as trustee of Aware Super acquired a new position in  MercadoLibre in the fourth quarter valued at $12,298,000.  Finally, Canada Post Corp Registered Pension Plan purchased a new stake in shares of  MercadoLibre in the fourth quarter valued at about $7,091,000. Hedge funds and other institutional investors own  87.62% of the company's stock. </p><h2>Analyst Upgrades and Downgrades</h2><p>MELI has been the topic of a number of research reports. Wedbush lowered their price target on MercadoLibre from $2,200.00 to $2,100.00 and set an &#34;outperform&#34; rating on the stock in a report on Monday, January 6th. Cantor Fitzgerald lifted their target price on MercadoLibre from $2,150.00 to $3,000.00 and gave the company an &#34;overweight&#34; rating in a research note on Friday, February 21st. Morgan Stanley cut their price target on MercadoLibre from $2,650.00 to $2,560.00 and set an &#34;overweight&#34; rating for the company in a research note on Thursday, April 10th. Bank of America increased their price target on MercadoLibre from $2,500.00 to $3,000.00 and gave the stock a &#34;buy&#34; rating in a report on Friday, February 21st. Finally, JPMorgan Chase &amp; Co. boosted their price objective on shares of MercadoLibre from $1,950.00 to $2,300.00 and gave the company a &#34;neutral&#34; rating in a research note on Tuesday, February 25th. Two investment analysts have rated the stock with a hold rating, fifteen have assigned  a buy rating and two have assigned  a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of &#34;Buy&#34; and an average price target of $2,415.00.</p><ul><li>Strategy’s $5 Million Bitcoin Target: Beacon or Bagholder? </li></ul><p><b>Get Our Latest Report on MELI</b></p><h2>MercadoLibre Trading Up 4.0 %</h2><p>NASDAQ MELI opened at $2,118.32 on Wednesday. The company has a market cap of $107.39 billion, a P/E ratio of 56.19, a P/E/G ratio of 1.12 and a beta of 1.62. MercadoLibre, Inc. has a 12 month low of $1,324.99 and a 12 month high of $2,374.54. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.25 and a quick ratio of 1.22. The company has a 50-day moving average of $2,039.51 and a 200-day moving average of $1,958.84. </p><ul><li>2 Oversold Stocks With Major Reasons to Rebound</li></ul><p>MercadoLibre (NASDAQ:MELI - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $12.61 earnings per share for the quarter, topping analysts' consensus estimates of $10.21 by $2.40. The firm had revenue of $6.06 billion during the quarter, compared to analysts' expectations of $5.94 billion. MercadoLibre had a return on equity of 51.89% and a net margin of 9.20%.  As a group, equities analysts predict that  MercadoLibre, Inc. will post 43.96 earnings per share for the current year. </p><h2>MercadoLibre Company Profile</h2> (Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than MercadoLibre</li><li>Why Are Stock Sectors Important to Successful Investing?</li><li>Beware of BigBear.ai: Insiders Are Selling—Should You?</li><li>The How And Why of Investing in Oil Stocks</li><li>CrowdStrike Stock is a Buy as Cyberthreat Environment Expands</li><li>What is the Dow Jones Industrial Average (DJIA)?</li><li>Congress! Who Traded What During the Tariff-Induced Meltdown </li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TUVMSQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TUVMSQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in MercadoLibre Right Now?</h2><p>Before you consider MercadoLibre, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MercadoLibre wasn't on the list.</p><p>While MercadoLibre currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

MELI

<p>Wasatch Advisors LP increased its stake in MercadoLibre, Inc. (NASDAQ:MELI) by 1.2% in Q4, now owning 149,794 shares valued at approximately $254.7 million. Other hedge funds also adjusted their positions, with NewEdge Advisors growing its stake by 52.4%. Analysts have mixed ratings on MELI, with a consensus rating of "Buy" and an average price target of $2,415. The company reported strong earnings, exceeding estimates with $12.61 EPS and $6.06 billion in revenue for the last quarter.</p>

MercadoLibre, Inc. (NASDAQ:MELI) Shares Purchased by Wasatch Advisors LP