Alta Capital Management Llc/ 13F: Cuts MELI Stake by $4.4M

On October 26, 2026, Alta Capital Management cut its stake in MercadoLibre, Inc. (MELI) by 2,549 shares, leaving it with 15,198 shares valued at approximately $26.3 million. This change was disclosed in the fund's latest Form 13F filing with the SEC.

MELI MercadoLibre, Inc.

$1,668.72 ▼ -15.45% year to date

1M 3M YTD

Daily close · Oct 26, 2026

What Changed in Alta Capital Management's MercadoLibre Position

Alta Capital Management reduced its position in MercadoLibre by 2,549 shares, a 14.4% decrease from its previous holding of 17,747 shares. The reported value of this stake is $26,270,198, representing 2.47% of the fund's total assets of about $1.07 billion.

Where MercadoLibre Fits in Alta Capital Management's Portfolio

MercadoLibre ranks 11th among Alta Capital's reported holdings. The recent cut in shares indicates a significant reduction in its position within the portfolio, reflecting the fund's strategy adjustments.

Other Institutional Activity in MercadoLibre

Several other funds have also adjusted their positions in MercadoLibre. Baillie Gifford & Co reduced its stake by 192,693 shares, now holding 3,040,410 shares valued at about $5.1 billion. In contrast, Capital International Investors increased its holdings by 135,882 shares, bringing its total to 1,873,498 shares worth approximately $3.1 billion.

MercadoLibre, Inc. Stock Down 7.8%

MercadoLibre shares are currently trading at $1,668.72 as of October 27, 2026, which is about equal to the closing price on October 26, 2026. The stock is trading below its 50-day moving average by about 10.1% and is down 31.3% from its 52-week high of $2,428.

Recent Earnings

MercadoLibre reported trailing twelve-month revenue of approximately $35.2 billion, with a net margin of 5.3%. The next earnings report is scheduled for November 4, 2026, which could provide further insights into its financial health.

Insider Buying and Selling at MercadoLibre, Inc.

Recent insider transactions include a sale by Director Henrique Vasoncelos Dubugras, who sold 845 shares at an average price of $2,028.14 on December 12, 2025, valued at about $1.7 million. Officer Marcelo Melamud also bought 57 shares at $1,755.77 on February 27, 2026, totaling approximately $100,079.

Analysts Set New Price Targets

On October 12, 2026, Cantor Fitzgerald maintained its rating of Overweight on MercadoLibre with a price target of $2,200. The consensus among analysts suggests a mean price target of $2,273.86, with 26 analyst opinions contributing to this assessment.

About MercadoLibre

MercadoLibre, Inc. operates online commerce platforms primarily in Latin America, including Brazil, Mexico, and Argentina. It provides a marketplace for buying and selling goods, as well as financial technology services through its Mercado Pago platform. The company's recent stock performance reflects broader trends in the internet retail sector.

Bottom Line

Investors should keep an eye on MercadoLibre's upcoming earnings report on November 4, 2026, for insights into its performance. Alta Capital Management's recent position cut highlights the ongoing adjustments in institutional portfolios as market conditions evolve.