MayTech Global Investments Trims Its $59 Million MercadoLibre Position: Should Investors Take Some Profits Too?

On Nov. 12, 2025, MayTech Global Investments, LLC disclosed a sale of 1,148 shares of MercadoLibre (MELI 3.46%), reducing its position by an estimated $2.7 million.What happenedAccording to a filing with the U.S. Securities and Exchange Commission dated Nov. 12, 2025, MayTech Global Investments reported a sale of 1,148 shares of MercadoLibre during the third quarter. The fund’s stake declined to 25,081 shares, with a reported market value of $58.6 million at quarter-end, reflecting a net position change of ...