MercadoLibre, Inc. (NASDAQ: MELI) Shares Sold by Lbp Am Sa

Lbp Am Sa reduced its holdings in MercadoLibre, Inc. (NASDAQ: MELI) by 29.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The company owned 23,065 shares of MercadoLibre’s stock after selling 9,735 shares during the quarter.

MercadoLibre Trading Down 1.0%

MercadoLibre stock opened at $2,476.60 on Wednesday. Barclays raised their target price on MercadoLibre shares from $2,500.00 to $3,100.00 and gave the company an “overweight” rating in a report on Thursday, May 8th. Wall Street Zen downgraded MercadoLibre shares from a “buy” rating to a “hold” rating in a research report on Sunday, June 22nd.

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