Eagle Capital Management Adds $595M in MercadoLibre, Inc. ($MELI)

Eagle Capital Management has significantly increased its investment in MercadoLibre, Inc. (NasdaqGS: MELI), as revealed in its latest 13F filing with the SEC. The firm added 374,388 shares during the reporting period, boosting its stake by approximately 91% to a total of 785,937 shares. This position is now valued at around $1.24 billion.

What Changed in Eagle Capital Management's MercadoLibre Position

Eagle Capital Management's decision to add 374,388 shares of MercadoLibre is a substantial increase from its previous holding of 411,549 shares. The additional shares brought the total to 785,937, marking a 91% increase. The value of this investment stands at approximately $1.24 billion, indicating a strong belief in the company's potential.

Other Institutional Activity in MercadoLibre

In other institutional moves, Baillie Gifford & Co reduced its holdings by 248,304 shares, ending with 3,233,259 shares valued at about $5.59 billion. Meanwhile, Capital Research Global Investors added 492,141 shares, bringing its total to 2,717,172 shares worth approximately $4.70 billion. Capital World Investors also increased its stake by 487,808 shares, now holding 2,194,481 shares valued at $3.79 billion. On the other hand, Morgan Stanley trimmed its position by 144,243 shares, leaving it with 1,585,256 shares valued at $2.74 billion.

MercadoLibre Stock Snapshot

Shares of MercadoLibre are trading at around $1,573. The company boasts a market cap of approximately $80.6 billion and a P/E ratio of 42.01. MercadoLibre's stock has experienced a 52-week low of $1,495 and a high of $2,645.22. The stock's 50-day moving average is $1,723.92, while the 200-day moving average is $1,993.81. The company has a current ratio of 1.16 and a debt-to-equity ratio of 169.98.

Recent Earnings

MercadoLibre reported a revenue of $31.8 billion with a growth rate of 49%. The company's net margin stands at 6.04%, and return on equity is 31.26%. The next earnings release is expected on May 7, 2026.

Insider Buying and Selling at MercadoLibre, Inc.

Several insiders, including Lawson Martin, Emiliano Calemzuk, and Richard Sanders, each purchased 94 shares on June 12, 2026. These transactions were not part of a pre-planned trading program, indicating direct investment by the insiders.

Analysts Set New Price Targets

On June 2, 2026, BTIG reiterated its buy rating for MercadoLibre with a price target of $2,150. Citigroup downgraded the stock to hold with a $1,950 target on May 13, 2026. JP Morgan and UBS maintained hold ratings with targets of $1,900 and $1,750, respectively, on the same day. Overall, the consensus among analysts is a buy, with an average target price of $2,217.

About MercadoLibre

MercadoLibre, Inc. operates online commerce platforms primarily in Brazil, Mexico, and Argentina, among other regions. The company runs Mercado Libre Marketplace, accessible via mobile and web, and Mercado Pago, a financial technology platform offering various services. Additionally, it provides solutions like Mercado Fondo, Mercado Credito, and Mercado Envios for investments, loans, and shipping. Headquartered in Montevideo, Uruguay, the company employs over 123,000 people.

Bottom Line

Eagle Capital Management's significant boost in its MercadoLibre holdings underscores its confidence in the company's growth prospects. Investors often track such moves to gauge institutional sentiment. It's important to remember that 13F filings are backward-looking and may not indicate the current position. MercadoLibre continues to be a major player in the e-commerce and fintech sectors, attracting institutional and insider interest alike.