Barlow Wealth Partners Reduces its MercadoLibre Stake to Nearly Nothing


According to a SEC filing dated April 21, 2026, Barlow Wealth Partners, LLC reduced its holding in MercadoLibre (NASDAQ:MELI) by 8,312 shares during the first quarter. The estimated value of shares sold was $16.03 million, using the average closing price for the period. The stake’s quarter-end value decreased by $18.25 million, reflecting both the sale and changes in share price.MercadoLibre, Inc. is a leading e-commerce and fintech provider in Latin America, operating at scale with over $28.89 billion in trailing twelve months revenue and a market capitalization of $94.60 billion. The company integrates marketplace, payment, credit, and logistics solutions, enabling seamless digital commerce and financial transactions for millions of users. MercadoLibre's diversified business model and strong regional presence provide a competitive edge in high-growth emerging markets.Barlow Wealth Partners didn’t close out its MercadoLibre position, but it came close. It reduced the number of shares it was holding by 95% to just 430 at the end of March.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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