Stanley Druckenmiller, a billionaire investor from America, is investing millions in a stock that has been rated as “buy” (growth) by the biggest American banks and investment companies.
The Duquesne Family Office of Druckenmiller filed a new 13F form revealing that the firm purchased 4,619 shares in MercadoLibre MELI (Q3 2025).
This purchase is worth approximately $11.09m and it continues an ongoing buying spree which began Q2 of 2024, when the amount was $101m and there were 58.344 shares.
MercadoLibre, Latin America’s largest e-commerce platform and fintech trading venue on Nasdaq.
At the time of publication, stock price is $1.998, up by 0.16% over the past 24 hours.
MELI received strong support from analysts. Citi maintained a Buy rating on November 26th with a target of $2,500, and Morgan Stanley maintained Overweight on November 3rd with a target of $2,950.
Barclays also keeps Overweight, and has raised their target to $2.900 as of October 30th.
Bank of America gave a Buy rating in June with a target of $3,000, while America’s largest bank, JPMorgan Chase is keeping a Hold on MELI, with a target of $2,650.
Druckenmiller is a legend in the investment world, known for his management of George Soros’ Quantum Fund. He oversees $4.06 billion worth of assets.
MELI represents now 3.4%, worth $136.35m, aligning itself with Druckenmiller’s emphasis on tech companies that are high growth.
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Sources of Images include Pixabay Creative Commons & Midjourney
As new information becomes available, this post Billionaire Stanley Druckenmiller Puts $101,000,000 into Stocks Recommended by Morgan Stanley, Morgan Stanley, Bank of America and Barclays could be updated.
