MercadoLibre, Inc. $MELI Stock Position Trimmed by Zevenbergen Capital Investments LLC
Zevenbergen Capital Investments LLC reduced its stake in MercadoLibre (MELI) by 13.8% in the fourth quarter, selling 14,702 shares but still holding 91,540 shares valued at $184.385 million. Despite missing EPS estimates, MercadoLibre reported strong revenue growth, up 44.6% year-over-year. Analysts maintain a "Moderate Buy" rating with an average price target of $2,708.67, even as the stock trades below its 50- and 200-day moving averages.
https://www.marketbeat.com/instant-alerts/filing-mercadolibre-inc-meli-stock-position-trimmed-by-zevenbergen-capital-investments-llc-2026-03-31/