<div id="readability-page-1"><p>Lifestyle Asset Management Inc. purchased a new position in  MercadoLibre, Inc. (NASDAQ:MELI - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor  purchased 556 shares of the company's stock, valued at approximately $1,300,000.</p><ul><li>3 Stocks Well Below 52-Week Highs Poised for a Q4 Rebound</li></ul><p>A number of other institutional investors also recently modified their holdings of the company. Jackson Wealth Management LLC acquired a new stake in shares of  MercadoLibre in the 2nd quarter worth about $499,000.  Highview Capital Management LLC DE purchased a new stake in shares of  MercadoLibre in the second quarter worth approximately $559,000.  Ninety One North America Inc. lifted its holdings in shares of  MercadoLibre by 21.5% in the second quarter. Ninety One North America Inc. now owns 6,094 shares of the company's stock valued at $15,927,000 after purchasing an additional 1,080 shares in the last quarter.  Resona Asset Management Co. Ltd. lifted its position in shares of  MercadoLibre by 4.0% during the 2nd quarter. Resona Asset Management Co. Ltd. now owns 15,308 shares of the company's stock worth $39,900,000 after buying an additional 585 shares in the last quarter.  Finally, Jennison Associates LLC boosted its stake in shares of  MercadoLibre by 7.0% in the 2nd quarter. Jennison Associates LLC now owns 1,235,240 shares of the company's stock worth $3,228,460,000 after buying an additional 81,124 shares during the last quarter. 87.62% of the stock is owned by institutional investors and hedge funds. </p><h2>MercadoLibre Stock Up 1.7%</h2><p>MELI opened at $1,997.61 on Friday. The stock has a market cap of $101.28 billion, a PE ratio of 48.75, a P/E/G ratio of 1.46 and a beta of 1.42. The company has a quick ratio of 1.15, a current ratio of 1.17 and a debt-to-equity ratio of 0.55. MercadoLibre, Inc. has a 52 week low of $1,646.00 and a 52 week high of $2,645.22. The business's fifty day simple moving average is $2,098.11 and its 200 day simple moving average is $2,295.54. </p><ul><li>3 Emerging Stocks You Haven't Heard Much From This Cycle</li></ul><p>MercadoLibre (NASDAQ:MELI - Get Free Report) last issued its quarterly earnings results on Wednesday, October 29th. The company reported $8.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $9.88 by ($1.56). The firm had revenue of $7.41 billion for the quarter, compared to the consensus estimate of $7.19 billion. MercadoLibre had a return on equity of 39.03% and a net margin of 7.93%.The company's revenue for the quarter was up 39.5% on a year-over-year basis. During the same period last year, the firm earned $7.83 EPS.  As a group, research analysts expect that  MercadoLibre, Inc. will post 43.96 earnings per share for the current fiscal year. </p><h2>Insiders Place Their Bets</h2><p>In related news, Director Emiliano Calemzuk sold 45 shares of MercadoLibre stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $2,027.37, for a total value of $91,231.65. Following the transaction, the director owned 257 shares in the company, valued at $521,034.09. This trade represents a 14.90% decrease in their position. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available through the SEC website. Also, Director Stelleo Tolda sold 246 shares of the company's stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $2,047.88, for a total transaction of $503,778.48. The SEC filing for this sale provides additional information. Insiders sold a total of 1,136 shares of company stock valued at $2,308,788 over the last quarter. 0.25% of the stock is owned by corporate insiders. </p><h2>Analyst Ratings Changes</h2><ul><li>How The Weak Dollar Is Fueling These Global Stock Surges</li></ul><p>MELI has been the topic of a number of recent analyst reports. Morgan Stanley lifted their price target on MercadoLibre from $2,850.00 to $2,950.00 and gave the stock an &#34;overweight&#34; rating in a report on Monday, November 3rd. Wedbush reduced their price objective on shares of MercadoLibre from $2,800.00 to $2,700.00 and set an &#34;outperform&#34; rating for the company in a research note on Friday. Citigroup lowered their target price on shares of MercadoLibre from $2,850.00 to $2,700.00 and set a &#34;buy&#34; rating on the stock in a report on Thursday, October 9th. UBS Group cut their price target on MercadoLibre from $3,000.00 to $2,900.00 and set a &#34;buy&#34; rating for the company in a report on Monday, November 24th. Finally, Zacks Research upgraded MercadoLibre from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research note on Wednesday, November 26th. One investment analyst  has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, MercadoLibre presently has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $2,842.94.</p><p><b>Get Our Latest Stock Report on MercadoLibre</b></p><h2>MercadoLibre Profile</h2> (Free Report)<p>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.  </p><p>Key offerings include its marketplace platform and a suite of logistics and payment services.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than MercadoLibre</li><li>Should You Invest in Penny Stocks?</li><li>MarketBeat Week in Review – 12/15 - 12/19</li><li>3 Small Caps With Big Return Potential</li><li>Nike Beats on Earnings But Struggles in China and Faces Tariffs</li><li>How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?</li><li>Is the AI Boom a Bubble? These 2 Dividend Stocks Say No</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 reporting and unbiased coverage. 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 Moderate 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>Lifestyle Asset Management Inc. acquired 556 shares of MercadoLibre, Inc. during the 3rd quarter, valued at approximately $1.3 million. This purchase was disclosed in a recent SEC filing. MercadoLibre's stock is largely held by institutional investors, with 87.62% ownership. The company reported a quarterly revenue increase of 39.5% year-over-year, despite missing EPS estimates. Analysts have adjusted their price targets for the stock, reflecting varied outlooks.</p>

556 Shares in MercadoLibre, Inc. $MELI Acquired by Lifestyle Asset Management Inc.