Rep. Gilbert Cisneros (D-CA) Sells MercadoLibre (MELI) Stock
Representative Gilbert Cisneros sold a stake in MercadoLibre, Inc. valued between $1,001 and $15,000.
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Rep. Gilbert Cisneros (D-CA) sold between $1,001 and $15,000 of MercadoLibre, Inc. ($MELI) stock on May 14, 2026. The trade was disclosed in a STOCK Act periodic transaction report filed June 9, 2026.
Since the trade, $MELI is up 4.4% after 1 week, up 2.4% after 1 month and up 14.1% to date (from the $1,607.37 close on May 14, 2026).
Financial Disclosure Report
Clerk of the House of Representatives • Legislative Resource Center • B81 Cannon Building • Washington, DC 20515
Filer Information
- Name:
- Rep. Gilbert Cisneros (D-CA)
- Status:
- Member — House
- State/District:
- CA-31
- Party:
- democrat
Filing Information
- Filing Type:
- Periodic Transaction Report
- Filing Year:
- 2026
- Filing Date:
- Jun 9, 2026
Schedule B: Transactions
| Asset | Transaction | Date | Amount |
|---|---|---|---|
| MercadoLibre, Inc. ($MELI) | Sell | May 14, 2026 | $1,001 - $15,000 |
Summary of the filed report, not the original document. Find the original: House financial disclosure search
MELI
MercadoLibre, Inc.
Key Points
- Gilbert Cisneros, a Democrat in the House, sold shares of MercadoLibre valued between $1,001 and $15,000 on May 14, 2026.
- As of now, MercadoLibre shares trade around $1,635.15, significantly below their 52-week high of $2,428.00.
- Analysts have a consensus 'buy' rating on MercadoLibre, with a target mean price of about $2,270.01.
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Sell Transaction Details
On May 14, 2026, U.S. House member Gilbert Cisneros sold shares of MercadoLibre, Inc. (MELI) for an amount valued between $1,001 and $15,000. The transaction was reported on June 9, 2026. At the time of the sale, MercadoLibre shares were trading at $1,635.15.
Gilbert Cisneros vs. the S&P 500
Hypothetical returns from Gilbert Cisneros's disclosed trades, not real profit or advice. How we model this.
Recent Trading Pattern
This sale adds to a string of recent transactions by Cisneros. Earlier in May, he made purchases in Sensata Technologies and STERIS, both valued between $1,001 and $15,000. Such activity shows his ongoing engagement in managing his investment portfolio.
How MercadoLibre, Inc. Stock Has Traded
MercadoLibre shares are currently priced at $1,635.15, which is roughly 32.5% below its 52-week high of $2,428.00. The stock has also seen a significant drop from its previous close of $1,839.11. Investors are watching closely to see if the stock can regain momentum amid recent analyst ratings.
Analysts Set New Price Targets
Analysts maintain a generally positive outlook on MercadoLibre. On October 13, 2026, Citigroup kept its 'Neutral' rating with a price target of $2,100. Cantor Fitzgerald also maintained its 'Overweight' rating, lowering the target to $2,200. With a consensus recommendation of 'buy' and a mean target price of about $2,270.01, analysts remain optimistic about the company's future.
What MercadoLibre, Inc. Does
MercadoLibre, Inc. operates online commerce platforms primarily in Latin America, focusing on markets like Brazil, Mexico, and Argentina. The company is known for its e-commerce marketplace and financial technology solutions, making it a key player in the region's digital economy.
What's Ahead for MercadoLibre, Inc.
Investors should keep an eye on MercadoLibre's next earnings report scheduled for November 4, 2026. This will provide insight into the company’s performance and market response after recent analyst ratings. Remember, the recent stock sale reflects a transaction from May and may not represent Cisneros's current investment position.
Related Filing Alerts
Source: Gilbert Cisneros's STOCK Act disclosure on $MELI (May 14, 2026). Find the original filing: House financial disclosure search. Written by software, not financial advice. How we make alerts