<div id="readability-page-1"><p>Brown Capital Management LLC cut its stake in shares of  MercadoLibre, Inc. (NASDAQ:MELI - Free Report) by 5.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 23,118 shares of the company's stock after selling 1,244 shares during the quarter. MercadoLibre makes up  approximately  2.2% of Brown Capital Management LLC's holdings, making the stock its 21st biggest position. Brown Capital Management LLC's holdings in MercadoLibre were worth $54,025,000 at the end of the most recent reporting period.</p><ul><li>3 Emerging Market Stocks Leveraging South America’s Momentum</li></ul><p>A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC bought a new stake in  MercadoLibre during the second quarter valued at about $29,000.  Steigerwald Gordon &amp; Koch Inc. bought a new position in  MercadoLibre in the 3rd quarter worth approximately $35,000.  Cullen Frost Bankers Inc. grew its holdings in  MercadoLibre by 100.0% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 16 shares of the company's stock valued at $37,000 after buying an additional 8 shares in the last quarter.  Curio Wealth LLC grew its holdings in  MercadoLibre by 1,400.0% during the 2nd quarter. Curio Wealth LLC now owns 15 shares of the company's stock valued at $39,000 after buying an additional 14 shares in the last quarter.  Finally, Stone House Investment Management LLC bought a new stake in shares of  MercadoLibre during the second quarter valued at approximately $39,000. Institutional investors own  87.62% of the company's stock. </p><h2>MercadoLibre Stock Performance</h2><p>NASDAQ MELI opened at $2,146.75 on Tuesday. The company has a market cap of $108.84 billion, a P/E ratio of 52.39, a P/E/G ratio of 1.07 and a beta of 1.44. The business's 50 day moving average price is $2,075.77 and its 200-day moving average price is $2,214.13. MercadoLibre, Inc. has a fifty-two week low of $1,723.90 and a fifty-two week high of $2,645.22. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.15 and a current ratio of 1.17. </p><h2>Insider Activity</h2><ul><li>3 Stocks Well Below 52-Week Highs Poised for a Q4 Rebound</li></ul><p>In other news, Director Henrique Vasoncelos Dubugras sold 845 shares of the stock in a transaction on Friday, December 12th. The shares were sold at an average price of $2,028.14, for a total value of $1,713,778.30. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Emiliano Calemzuk sold 45 shares of the firm's 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 completion of the sale, the director owned 257 shares of the company's stock, valued at $521,034.09. This trade represents a 14.90% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 1,136 shares of company stock valued at $2,308,788. 0.25% of the stock is currently owned by company insiders. </p><h2>Analyst Ratings Changes</h2><p>A number of equities analysts recently weighed in on the stock. Susquehanna dropped their target price on shares of MercadoLibre from $2,975.00 to $2,900.00 and set a &#34;positive&#34; rating for the company in a research report on Monday, October 13th. BTIG Research  reaffirmed a &#34;buy&#34; rating and issued a $2,750.00 target price on shares of MercadoLibre in a report on Thursday, December 4th. Dbs Bank raised MercadoLibre from a &#34;hold&#34; rating to a &#34;moderate buy&#34; rating in a report on Tuesday, December 2nd. Barclays raised their target price on shares of MercadoLibre from $2,800.00 to $2,900.00 and gave the company an &#34;overweight&#34; rating in a report on Thursday, October 30th. Finally, Cantor Fitzgerald reduced their price target on shares of MercadoLibre from $2,900.00 to $2,750.00 and set an &#34;overweight&#34; rating on the stock in a research report on Thursday, October 30th. One analyst  has rated the stock with a Strong Buy rating, fourteen have issued  a Buy rating, three have given a Hold rating and one  has given a Sell rating to the company's stock. According to MarketBeat.com, the company  has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $2,876.88.</p><ul><li>3 Emerging Stocks You Haven't Heard Much From This Cycle</li></ul><p><b>Check Out Our Latest Analysis on MELI</b></p><h2>MercadoLibre Company 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>Featured Stories</h2><ul><li>Five stocks we like better than MercadoLibre</li><li>The day the gold market broke</li><li>Forget AI, This Will Be the Next Big Tech Breakthrough</li><li>~$1.5T SpaceX IPO: Pre-IPO Opportunity</li><li>Gold’s getting scarce.</li><li>End of America Update</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>

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<p>Brown Capital Management LLC reduced its stake in MercadoLibre, Inc. (NASDAQ:MELI) by 5.1% in Q3, selling 1,244 shares. The firm now holds 23,118 shares, valued at approximately $54 million, making it the 21st largest position in its portfolio. Other institutional investors have also adjusted their stakes. MercadoLibre's stock opened at $2,146.75, with a market cap of $108.84 billion. Analysts have mixed ratings, with a consensus target price of $2,876.88 and a "Moderate Buy" rating.</p>

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Brown Capital Management LLC Sells 1,244 Shares of MercadoLibre, Inc. $MELI