Miami International (NYSE:MIAX) EVP Sells $2,268,000.00 in Stock

Miami International Holdings, Inc. (NYSE:MIAX) EVP Douglas Schafer, Jr. sold 48,000 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $47.25, for a total value of $2,268,000.00. Following the sale, the executive vice president directly owned 396,681 shares of the company’s stock, valued at $18,743,177.25. This represents a 10.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Miami International Price Performance

NYSE MIAX opened at $49.73 on Friday. The business has a 50 day simple moving average of $42.13 and a 200 day simple moving average of $43.25. Miami International Holdings, Inc. has a one year low of $28.63 and a one year high of $51.38. The stock has a market capitalization of $4.71 billion and a P/E ratio of 92.10.

Miami International (NYSE:MIAX) last released its earnings results on Wednesday, May 6th. The company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.36 by $0.06. The business had revenue of $128.59 million for the quarter, compared to analyst estimates of $122.74 million. During the same period in the prior year, the business earned $0.38 EPS. The company’s revenue for the quarter was up 40.0% on a year-over-year basis. Equities analysts expect that Miami International Holdings, Inc. will post 1.45 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have commented on MIAX shares. Keefe, Bruyette & Woods started coverage on Miami International in a research note on Wednesday, April 8th. They issued a “market perform” rating and a $40.00 price objective for the company. Weiss Ratings reissued a “sell (d+)” rating on shares of Miami International in a research note on Friday, March 27th. Wall Street Zen cut Miami International from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. Rosenblatt Securities raised their price objective on Miami International from $59.00 to $61.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Morgan Stanley raised their price objective on Miami International from $48.00 to $50.00 and gave the company an “overweight” rating in a research note on Friday, April 10th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $49.60.

Miami International News Summary

Here are the key news stories impacting Miami International this week:

• Positive Sentiment: Q1 results beat expectations: MIAX reported adjusted EPS of $0.42 vs. $0.36 consensus, revenue of $128.6M (+40% YoY) and adjusted EBITDA of $66.1M (margin 51%). Management reaffirmed full‑year expense guidance — results and margin expansion support continued earnings growth. Q1 Press Release
• Positive Sentiment: Rosenblatt raised its price target to $61 and kept a Buy rating, implying meaningful upside vs. the current price — a bullish analyst endorsement that can attract demand. Benzinga
• Positive Sentiment: Trading momentum: MIAX reported April trading results showing multi-list options ADV growth (23.9% YTD), supporting revenue and fee growth trends. April Trading Results
• Neutral Sentiment: Multiple insider sales executed under pre-set 10b5-1 plans (including CEO Thomas Gallagher and other senior execs). Large absolute sales can concern some investors but were pre-arranged and leave insiders with substantial remaining stakes. Gallagher sale Schafer sale Teekell sale
• Neutral Sentiment: Market coverage and commentary: earnings call/transcripts are available (useful for parsing management tone and guidance detail). Earnings Call Transcript
• Negative Sentiment: JPMorgan raised its target to $45 but left a Neutral rating — that PT is below the current market price and implies ~9–10% downside, which could cap upside or prompt some profit-taking. Benzinga
• Neutral Sentiment: Comparative coverage: third‑party reviews and comparisons (e.g., versus GLDI) add context but are unlikely to move the stock materially on their own. Financial Review

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. T. Rowe Price Investment Management Inc. boosted its position in shares of Miami International by 24.5% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 3,025,712 shares of the company’s stock valued at $134,282,000 after buying an additional 595,096 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Miami International by 39.5% during the fourth quarter. Vanguard Group Inc. now owns 1,928,286 shares of the company’s stock valued at $85,577,000 after buying an additional 545,770 shares during the last quarter. Horizon Kinetics Asset Management LLC boosted its position in shares of Miami International by 31.6% during the fourth quarter. Horizon Kinetics Asset Management LLC now owns 1,819,798 shares of the company’s stock valued at $80,763,000 after buying an additional 437,395 shares during the last quarter. Alyeska Investment Group L.P. boosted its position in shares of Miami International by 1.6% during the fourth quarter. Alyeska Investment Group L.P. now owns 1,286,086 shares of the company’s stock valued at $57,076,000 after buying an additional 20,350 shares during the last quarter. Finally, Invesco Ltd. boosted its position in shares of Miami International by 178.8% during the fourth quarter. Invesco Ltd. now owns 1,278,966 shares of the company’s stock valued at $56,761,000 after buying an additional 820,246 shares during the last quarter.

Miami International Company Profile

Miami International (NYSE:MIAX) is a U.S. exchange holding company that operates electronic trading venues and provides market infrastructure for listed options and related products. Its primary business activities include operating regulated exchanges, delivering market data feeds, and offering trading technology and connectivity services designed for professional traders, broker-dealers, and market makers. The company focuses on low-latency execution, order matching, and the operational controls required to support high-volume, automated trading strategies in listed derivatives.

Products and services provided by Miami International include fully electronic order matching engines, transmittable market data and feed products, colocation and connectivity solutions, and tools for risk management and regulatory compliance.