MercadoLibre Stock News

The Latin American company just hit a fresh 52-week low.

Oregon Public Employees Retirement Fund trimmed its holdings in shares of MercadoLibre, Inc. (NASDAQ:MELI) by 1.8% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,605 shares of the companys stock after selling 100 shares during the quarter. Oregon Public Employees Retirement Funds holdings []

AdvisorNet Financial Inc lifted its holdings in MercadoLibre, Inc. (NASDAQ:MELI) by 75.5% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 193 shares of the companys stock after acquiring an additional 83 shares during the quarter. AdvisorNet Financial Incs holdings in MercadoLibre were worth $324,000 []

Fifth Third Bancorp grew its position in MercadoLibre, Inc. (NASDAQ:MELI) by 30.8% during the third quarter, HoldingsChannel reports. The firm owned 676 shares of the companys stock after buying an additional 159 shares during the quarter. Fifth Third Bancorps holdings in MercadoLibre were worth $1,135,000 as of its most recent filing with the Securities & []

The Latin American e-commerce platform selected Brazil to kick-off crypto payments via its MercadoPago application.

MercadoLibre, Inc. (NASDAQ:MELI)s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $1,100.00 and last traded at $1,126.49, with a volume of 6314 shares trading hands. The stock had previously closed at $1,104.20. Several research analysts have recently issued reports on MELI shares. BTIG Research []

Cypress Asset Management Inc. TX lifted its holdings in shares of MercadoLibre, Inc. (NASDAQ:MELI) by 0.2% during the 3rd quarter, Holdings Channel reports. The firm owned 4,990 shares of the companys stock after purchasing an additional 9 shares during the period. MercadoLibre makes up 2.2% of Cypress Asset Management Inc. TXs holdings, making the stock []

Equities research analysts expect MercadoLibre, Inc. (NASDAQ:MELI) to post earnings of $0.93 per share for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for MercadoLibres earnings, with the highest EPS estimate coming in at $1.55 and the lowest estimate coming in at $0.20. MercadoLibre reported earnings of ($1.02) per share in the []

Brokerages predict that MercadoLibre, Inc. (NASDAQ:MELI) will post $2.00 billion in sales for the current quarter, Zacks reports. Four analysts have issued estimates for MercadoLibres earnings. The lowest sales estimate is $1.95 billion and the highest is $2.09 billion. MercadoLibre reported sales of $1.33 billion in the same quarter last year, which indicates a positive []

Wall Street brokerages expect MercadoLibre, Inc. (NASDAQ:MELI) to post earnings per share (EPS) of $0.93 for the current fiscal quarter, according to Zacks. Four analysts have made estimates for MercadoLibres earnings, with the highest EPS estimate coming in at $1.55 and the lowest estimate coming in at $0.20. MercadoLibre posted earnings per share of ($1.02) []

Koshinski Asset Management Inc. decreased its position in shares of MercadoLibre, Inc. (NASDAQ:MELI) by 6.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 609 shares of the companys stock after selling 39 shares during the quarter. Koshinski Asset Management Inc.s holdings in MercadoLibre were worth $1,023,000 []

Comerica Bank grew its holdings in MercadoLibre, Inc. (NASDAQ:MELI) by 2.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,430 shares of the companys stock after purchasing an additional 37 shares during the quarter. Comerica Banks holdings in MercadoLibre were worth $2,517,000 at the []

Mercadolibre, one of the biggest e-tailers in America, started rolling cryptocurrency investment services to a selection of their customers.