James Hambro & Partners 13F: Cuts MELI Stake by $2.3M
Key Points
- James Hambro & Partners cut its MercadoLibre, Inc. MELI holdings by 15.5%, leaving it with 7,136 shares worth about $12.3 million in an October 19, 2026 filing.
- Other large institutional investors adjusted their positions, with Baillie Gifford & Co lowering its stake to 3,040,410 shares and Eagle Capital Management raising its stake to 785,937 shares.
- MercadoLibre, Inc. shares recently traded around $1,838.56, while Wall Street analysts maintain a consensus buy rating with a mean target of $2,270.01.
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Institutional investor James Hambro & Partners reduced its holdings in MercadoLibre, Inc. MELI by 1,310 shares during the quarter, according to a Form 13F filing disclosed on October 19, 2026. The stock closed at $1,839.72 on the filing date.
What Changed in James Hambro & Partners's MercadoLibre, Inc. Position
James Hambro & Partners trimmed its investment by a 15.5% decrease, bringing its total down to 7,136 shares. The remaining stake had a reported value of $12,339,499.0 at the time of the filing. In the prior period, the firm held 8,446 shares.
Other Institutional Activity in MercadoLibre, Inc.
Other large funds shifted their positions in the online commerce and financial technology platform around the same time. Euro Pacific Asset Management grew its holdings by 750.0 shares, ending with 1,052 shares worth about $2,036,882.0. D1 Capital Partners L.P. added 149,194 shares for a total of 373,675 shares valued at about $628,943,604.57. Eagle Capital Management boosted its stake by 374,388 shares, finishing with 785,937 shares worth about $1,322,834,146.65. CTC added 7,351 shares to hold 15,506 shares valued at about $26,098,613.86. Meanwhile, Baillie Gifford & Co reduced its position by 192,693 shares, ending with 3,040,410 shares worth about $5,593,502,996.0.
MercadoLibre, Inc. Stock Up 0.2%
MercadoLibre, Inc. shares recently traded around $1,838.56 as of October 20, 2026, sitting below their 52-week high of $2,428.00 and above their 52-week low of $1,495.00.
Recent Earnings
MercadoLibre, Inc. operates e-commerce platforms and financial technology services across Latin America. The company has a trailing twelve-month revenue of $35.18 billion and trailing earnings of $36.32 per share. Its next earnings report is scheduled for November 4, 2026.
Insider Buying and Selling at MercadoLibre, Inc.
Company insiders executed several transactions prior to the filing. Director Henrique Vasoncelos Dubugras sold 845 shares on December 12, 2025, at an average price of $2,028.14 for a total of $1,713,778.0. Officer Marcelo Melamud bought 57 shares on February 27, 2026, at $1,755.77 per share. Later, on June 11, 2026, Melamud bought another 124 shares at $1,604.62 per share. Director Alejandro Nicolas Aguzin bought 600 shares on May 22, 2026.
Analysts Set New Price Targets
Wall Street firms have actively updated their views on the stock. On August 11, 2026, JP Morgan maintained a Neutral rating and raised its target from $1,900.00 to $2,150.00. BTIG reiterated a Buy rating with a $2,150.00 target on September 3, 2026. Susquehanna maintained a Positive rating on October 6, 2026, lifting its target from $2,400.00 to $2,500.00. Cantor Fitzgerald maintained an Overweight rating on October 12, 2026, adjusting its target from $2,300.00 to $2,200.00. Citigroup maintained a Neutral rating on October 13, 2026, moving its target from $2,150.00 to $2,100.00. Overall, the stock carries a consensus buy rating from 26 analysts with a mean price target of $2,270.01.
About MercadoLibre, Inc.
Headquartered in Montevideo, Uruguay, MercadoLibre, Inc. runs online marketplaces and digital payment solutions in countries like Brazil, Mexico, and Argentina. Its platform connects buyers and sellers while offering financial services through Mercado Pago.
Bottom Line
Investors will look toward the upcoming earnings release on November 4, 2026, for further updates on platform growth and financial results. Institutional adjustments reflect ongoing portfolio rebalancing across major market participants.
Source: James Hambro & Partners's 13F filing on $MELI (Oct 19, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts