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MercadoLibre Inc. (MELI) President and CEO, 10% Owner Marcos Galperin sells 100,000 Shares

November 25, 2009 | About:
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insider

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President and CEO, 10% Owner of MercadoLibre Inc. (MELI) Marcos Galperin sells 100,000 shares of MELI on 11/25/2009 at an average price of $48.35 a share.

MercadoLibre is the largest online trading platform in Latin America. We are market leaders in e-commerce in each of Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, Uruguay and Venezuela, based on unique visitors and page views. Additionally, we have recently launched online trading platforms in Costa Rica, the Dominican Republic and Panama. With a market of over Five fifty million people and a region with one of the world's fastest-growing Internet penetration rates, we provide buyers and sellers a robust online trading environment that fosters the development of a large and growing e-commerce community. We offer a technological and commercial solution that addresses the distinctive cultural and geographic challenges of operating an online trading platform in Latin America. Mercadolibre Inc. has a market cap of $2.18 billion; its shares were traded at around $49.38 with a P/E ratio of 85.1 and P/S ratio of 15.9.

MELI is in the portfolios of George Soros of Soros Fund Management LLC.

Insiders' Positions with MELI



  • Sell:: Executive VP and CFO Kazah Hernan sold 50,000 shares of MELI stock on 11/09/2009 at the average price of 44.24, the price of the stock has increased by 11.62% since
  • Sell:: Executive VP and CFO Kazah Hernan sold 20,000 shares of MELI stock on 08/10/2009 at the average price of 33.96, the price of the stock has increased by 45.41% since


Insiders' Positions with MELI



  • Sell:: Director Anton J Levy sold 1,086,940 shares of MELI stock on 11/10/2009 at the average price of 41.95, the price of the stock has increased by 17.71% since
  • Sell:: SVP - Payments Gimenez Osvaldo sold 5,000 shares of MELI stock on 11/09/2009 at the average price of 43.48, the price of the stock has increased by 13.57% since
  • Sell:: Director A Michael Spence sold 20,000 shares of MELI stock on 11/09/2009 at the average price of 44.43, the price of the stock has increased by 11.14% since
  • Sell:: Director A Michael Spence sold 30,000 shares of MELI stock on 08/10/2009 at the average price of 34.63, the price of the stock has increased by 42.59% since


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