Ninety One cuts 80 percent of MercadoLibre stock holdings

Published on 10/19/2026 at 09:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Susquehanna set a USD 2,400 target on October 6, 2026. MercadoLibre stock costs EUR 1,652.50 on October 19, 2026.

Scale and valuation signals

Ninety One UK Ltd sold 15,305 shares and cut its stake by 80.00 percent in the third quarter of 2026.
Second-quarter 2026 revenue reached USD 10.17 billion, while operating income fell 17.00 percent to USD 683.00 million.
MercadoLibre stock trades at EUR 1,652.50 at 9:30 a.m. CEST at Lang & Schwarz on October 19, 2026.

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Ninety One UK Ltd reduced its MercadoLibre holdings by 80.00 percent in the third quarter, selling 15,305 shares and retaining 3,821 shares, according to MarketBeat on October 16, 2026. The filing adds a portfolio signal to a stock whose latest operating figures show rapid growth alongside thinner margins.

Stake filing changes context

The retained position was valued at USD 6.61 million in the latest filing, while institutional investors owned 87.62 percent of MercadoLibre stock, MarketBeat reported. The filing is a portfolio decision rather than a change to the company's operating plan.

For valuation context, Susquehanna raised its price target to USD 2,400.00 and assigned a positive rating in a research note dated October 6, 2026, according to MarketBeat. New Street Research also initiated coverage with a USD 2,450.00 target on September 23, 2026.

What does growth cost?

MercadoLibre's second-quarter 2026 net revenue and financial income rose 50.00 percent year over year to USD 10.17 billion, but operating income fell 17.00 percent to USD 683.00 million. Yahoo Finance reported that management treated the margin pressure as an investment in longer-term scale.

The second-quarter 2026 operating margin was 6.70 percent, while net income fell 11.00 percent to USD 466.00 million and diluted earnings per share declined to USD 9.19 from USD 10.31 a year earlier. At the same time, unique active buyers reached 89 million, up from 71 million, and fintech monthly active users rose to 88 million from 68 million, according to Yahoo Finance.

Three dated stock events

On August 6, 2026, MercadoLibre reported second-quarter earnings per share of USD 9.19 against a USD 8.65 consensus estimate, according to MarketBeat. On September 23, 2026, New Street Research began coverage with a USD 2,450.00 target. On October 16, 2026, Ninety One UK Ltd reported an 80.00 percent reduction in its stake.

Next reporting date

Seeking Alpha lists November 2, 2026, after the market close, as the upcoming quarterly earnings date and gives a revenue estimate of USD 10.68 billion, Seeking Alpha reports. That date will put the investment strategy to a fresh test because revenue growth and operating income are moving in opposite directions.

The euro quote

MercadoLibre's Nasdaq listing closed at USD 1,834.00 on October 16, 2026, while the German euro indication was higher on October 19, 2026. At Lang & Schwarz, the stock was trading at EUR 1,652.50 on October 19, 2026 at 9:30 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of MercadoLibre stock.