<div id="readability-page-1"><p>Westwind Capital bought a new position in shares of  MercadoLibre, Inc. (NASDAQ:MELI - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 5,498 shares of the company's stock, valued at approximately $12,848,000. MercadoLibre makes up  approximately  2.7% of Westwind Capital's portfolio, making the stock its 17th largest position.</p><ul><li>3 Stocks Well Below 52-Week Highs Poised for a Q4 Rebound</li></ul><p>A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MELI. Optimize Financial Inc raised its holdings in  MercadoLibre by 1.7% during the first quarter. Optimize Financial Inc now owns 238 shares of the company's stock worth $464,000 after purchasing an additional 4 shares in the last quarter.  Range Financial Group LLC grew its position in shares of  MercadoLibre by 2.7% in the 2nd quarter. Range Financial Group LLC now owns 188 shares of the company's stock valued at $491,000 after buying an additional 5 shares during the last quarter.  E Fund Management Hong Kong Co. Ltd. raised its stake in  MercadoLibre by 26.3% during the 2nd quarter. E Fund Management Hong Kong Co. Ltd. now owns 24 shares of the company's stock worth $63,000 after acquiring an additional 5 shares in the last quarter.  Quadcap Wealth Management LLC lifted its position in  MercadoLibre by 4.2% in the second quarter. Quadcap Wealth Management LLC now owns 124 shares of the company's stock valued at $324,000 after acquiring an additional 5 shares during the last quarter.  Finally, PFW Advisors LLC lifted its position in  MercadoLibre by 4.8% in the third quarter. PFW Advisors LLC now owns 110 shares of the company's stock valued at $257,000 after acquiring an additional 5 shares during the last quarter. 87.62% of the stock is owned by institutional investors and hedge funds. </p><h2>Insider Activity</h2><p>In other news, Director Stelleo Tolda sold 246 shares of the business'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 sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Emiliano Calemzuk sold 45 shares of the stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $2,027.37, for a total transaction of $91,231.65. Following the transaction, the director directly owned 257 shares of the company's stock, valued at $521,034.09. This represents a 14.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,136 shares of company stock valued at $2,308,788 over the last quarter. Corporate insiders own  0.25% of the company's stock. </p><h2>Analyst Ratings Changes</h2><ul><li>3 Emerging Stocks You Haven't Heard Much From This Cycle</li></ul><p>MELI has been the topic of a number of research analyst reports. Weiss Ratings  reiterated a &#34;buy (b-)&#34; rating on shares of MercadoLibre in a research report on Friday, October 31st. JPMorgan Chase &amp; Co. lifted their price target on MercadoLibre from $2,600.00 to $2,650.00 and gave the stock a &#34;neutral&#34; rating in a research report on Monday, November 3rd. Morgan Stanley increased their price objective on MercadoLibre from $2,850.00 to $2,950.00 and gave the company an &#34;overweight&#34; rating in a report on Monday, November 3rd. Dbs Bank upgraded shares of MercadoLibre from a &#34;hold&#34; rating to a &#34;moderate buy&#34; rating in a research report on Tuesday, December 2nd. Finally, Benchmark reduced their price target on shares of MercadoLibre from $2,875.00 to $2,780.00 and set a &#34;buy&#34; rating for the company in a research report on Thursday, October 30th. One analyst  has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have assigned  a Hold rating to the stock. According to MarketBeat, MercadoLibre  has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $2,842.94.</p><p><b>Get Our Latest Stock Report on MELI</b></p><h2>MercadoLibre Trading Down 0.2%</h2><ul><li>How The Weak Dollar Is Fueling These Global Stock Surges</li></ul><p>NASDAQ:MELI opened at $1,993.65 on Tuesday. MercadoLibre, Inc. has a 12-month low of $1,693.01 and a 12-month high of $2,645.22. The company has a current ratio of 1.17, a quick ratio of 1.15 and a debt-to-equity ratio of 0.55. The stock's 50 day simple moving average is $2,094.46 and its 200-day simple moving average is $2,287.27. The firm has a market cap of $101.08 billion, a P/E ratio of 48.65, a PEG ratio of 1.49 and a beta of 1.42. </p><p>MercadoLibre (NASDAQ:MELI - Get Free Report) last posted its quarterly earnings data on Wednesday, October 29th. The company reported $8.32 earnings per share for the quarter, missing analysts' consensus estimates of $9.88 by ($1.56). The firm had revenue of $7.41 billion during the quarter, compared to analysts' expectations of $7.19 billion. MercadoLibre had a net margin of 7.93% and a return on equity of 39.03%. The business's quarterly revenue was up 39.5% on a year-over-year basis. During the same quarter last year, the business earned $7.83 earnings per share.  Equities analysts anticipate that  MercadoLibre, Inc. will post 43.96 EPS for the current year. </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>See Also</h2><ul><li>Five stocks we like better than MercadoLibre</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>Do you know what Amazon is planning for January 1?</li></ul><p><strong>Want to see what other hedge funds are holding MELI?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MercadoLibre, Inc. (NASDAQ:MELI - Free Report).</p><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>Westwind Capital invested $12.85 million in MercadoLibre, Inc., acquiring 5,498 shares during the 3rd quarter. This investment represents 2.7% of Westwind's portfolio. MercadoLibre's stock is held by 87.62% institutional investors. Recent insider sales and analyst ratings indicate a moderate buy consensus with a price target of $2,842.94. The stock opened at $1,993.65, with a market cap of $101.08 billion.</p>

Westwind Capital Invests $12.85 Million in MercadoLibre, Inc. $MELI