Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of MercadoLibre, Inc. (NASDAQ:MELI). In a filing disclosed on May 19th, the Representative disclosed that they had bought between $15,001 and $50,000 in MercadoLibre stock on May 14th.
Representative Marjorie Taylor Greene also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 5/16/2025.
- Purchased $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 5/14/2025.
- Purchased $1,001 – $15,000 in shares of Impinj (NASDAQ:PI) on 5/14/2025.
- Purchased $1,001 – $15,000 in shares of Corning (NYSE:GLW) on 5/14/2025.
- Purchased $1,001 – $15,000 in shares of Cardinal Health (NYSE:CAH) on 5/14/2025.
- Purchased $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 5/14/2025.
- Purchased $15,001 – $50,000 in shares of UnitedHealth Group (NYSE:UNH) on 5/14/2025.
- Purchased $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 5/14/2025.
- Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 5/14/2025.
- Purchased $1,001 – $15,000 in shares of Hershey (NYSE:HSY) on 5/14/2025.
MercadoLibre Stock Up 0.0%
MELI opened at $2,579.21 on Wednesday. The company has a current ratio of 1.25, a quick ratio of 1.22 and a debt-to-equity ratio of 0.78. The stock’s fifty day simple moving average is $2,158.30 and its 200 day simple moving average is $2,007.13. MercadoLibre, Inc. has a 1-year low of $1,550.00 and a 1-year high of $2,610.30. The stock has a market cap of $130.76 billion, a PE ratio of 68.41, a price-to-earnings-growth ratio of 1.12 and a beta of 1.61.
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on the stock. Cantor Fitzgerald dropped their target price on shares of MercadoLibre from $3,000.00 to $2,400.00 and set an “overweight” rating for the company in a research report on Wednesday, April 16th. Bank of America increased their price target on MercadoLibre from $2,500.00 to $3,000.00 and gave the stock a “buy” rating in a report on Friday, February 21st. Barclays lifted their price objective on MercadoLibre from $2,500.00 to $3,100.00 and gave the stock an “overweight” rating in a research report on Thursday, May 8th. Susquehanna raised their price target on shares of MercadoLibre from $2,350.00 to $2,760.00 and gave the stock a “positive” rating in a report on Friday, February 21st. Finally, Morgan Stanley reiterated an “overweight” rating on shares of MercadoLibre in a report on Thursday, May 1st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, MercadoLibre presently has an average rating of “Moderate Buy” and an average price target of $2,551.43.
View Our Latest Analysis on MELI
Institutional Investors Weigh In On MercadoLibre
A number of large investors have recently modified their holdings of the stock. Key Financial Inc purchased a new position in MercadoLibre in the first quarter worth about $25,000. GW&K Investment Management LLC purchased a new stake in MercadoLibre during the 1st quarter valued at $25,000. Human Investing LLC purchased a new stake in MercadoLibre during the 4th quarter valued at $26,000. Park Square Financial Group LLC bought a new position in MercadoLibre in the fourth quarter valued at about $26,000. Finally, Pacific Capital Wealth Advisors Inc. grew its stake in shares of MercadoLibre by 220.0% during the 4th quarter. Pacific Capital Wealth Advisors Inc. now owns 16 shares of the company’s stock valued at $27,000 after purchasing an additional 11 shares during the period. Institutional investors own 87.62% of the company’s stock.
About Representative Greene
Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia’s 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.
Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 14th Congressional District. She declared candidacy for the 2026 election.
MercadoLibre Company Profile
MercadoLibre, Inc operates online commerce platforms in the United States. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases digitally; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps.
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