Latin America E-commerce Giant Executive Buys Back Shares After Earnings Shock

Marcelo Melamud, Senior Vice President and Chief Accounting Officer of Latin American e-commerce and fintech firm MercadoLibre, Inc. (NASDAQ: MELI), purchased a small block of the company’s common stock on the open market on February 27. He acquired 57 shares at an average price of approximately $1,755.77 per share—investing about $100,080 (roughly ₩130 million)—bringing his direct holdings to around 112 shares. The transaction was disclosed as a routine open-market purchase, not part of any equity-compensation or automatic trading plan, slightly increasing Melamud’s economic exposure to MercadoLibre’s share price.

In its fourth quarter 2025 results announced on February 24, MercadoLibre reported revenue growth of about 45 percent year-over-year, surpassing market expectations. However, earnings per share fell short of consensus and margin pressures mounted, driving the stock down toward its 52-week low. In response, major brokerages—including Wedbush, Barclays, BTIG and Cantor Fitzgerald—lowered their price targets, though most maintained “Buy” or “Overweight” ratings. (source: benzinga.com)

Founded in 1999, MercadoLibre is the largest e-commerce and fintech group in Latin America, operating an online marketplace and the digital payments platform Mercado Pago across key markets such as Brazil, Mexico and Argentina. The company has grown by combining e-commerce and financial services on an integrated platform that spans logistics, advertising and consumer credit. By market capitalization, it is considered one of Latin America’s flagship technology stocks. (source: gurufocus.com)