James Hambro & Partners and Barlow Wealth Partners reduced their MercadoLibre holdings in the first quarter of 2026. SEC filings dated April 21 and 22 confirm the divestments.

James Hambro sold over 28,000 shares. Barlow Wealth Partners cut its position by 95%. The combined value of these sales exceeds $71 million.

Operating margins have declined from a 2023 peak. MercadoLibre stock underperformed the S&P 500 significantly over the past year.

Institutional selling suggests a cautious outlook despite high revenue growth.