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MELI Director Sells 50 Shares: What Should Investors Do Now?
MELIMercadoLibre(MELI) ZACKS·2024-12-03 23:35

MercadoLibre's (MELI) director Emiliano Calemzuk recently sold 50 shares at $1,984.98 per share, totaling $99,249. Following the transaction, Calemzuk maintains ownership of 238 shares valued at $472,425.24, with 75 shares subject to forfeiture restrictions until the next annual shareholders meeting. This transaction represents a 17.36% reduction in the director's position, prompting investors to evaluate its implications.Robust Financial PerformanceDespite the insider sale, MercadoLibre continues to demons ...