A top executive increased direct ownership by 111% as MELI shares fell 31.8% over the past year.
MercadoLibre Senior Vice President Marcelo Melamud purchased 124 shares on June 11, 2026, for $200,000 at $1,604.62 per share, doubling his direct stake to 236 shares. The transaction occurred as the stock traded 31.8% below its year-ago level, signaling insider confidence during a period of weakness.
Melamud’s holdings have surged 329.09% since February 2026, with two open-market buys adding 181 shares. The shares were acquired directly, with no involvement of trusts or derivatives, according to the SEC filing. Post-transaction, his holdings are valued at $379,960.
The purchase aligns with a broader trend of insider accumulation amid MercadoLibre’s share price decline, though no immediate market reaction was reported.