Douglas Schafer, Jr. Sells 48,000 Shares of Miami International (NYSE:MIAX) Stock

Miami International Holdings, Inc. (NYSE:MIAX) EVP Douglas Schafer, Jr. sold 48,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $45.71, for a total value of $2,194,080.00. Following the transaction, the executive vice president owned 387,414 shares of the company’s stock, valued at approximately $17,708,693.94. This trade represents a 11.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Miami International Price Performance

MIAX opened at $44.16 on Friday. The company has a 50 day simple moving average of $41.55 and a two-hundred day simple moving average of $42.94. The firm has a market cap of $4.19 billion and a P/E ratio of 57.36. Miami International Holdings, Inc. has a 1-year low of $28.63 and a 1-year high of $57.14.

Miami International (NYSE:MIAX) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.41 by $0.07. Miami International had a net margin of 9.70% and a return on equity of 17.98%. The firm had revenue of $387.63 million for the quarter. During the same quarter in the previous year, the business earned $0.48 earnings per share. The firm’s revenue for the quarter was up 34.8% on a year-over-year basis. Equities analysts anticipate that Miami International Holdings, Inc. will post 1.67 earnings per share for the current year.

Wall Street Analyst Weigh In

MIAX has been the subject of a number of recent analyst reports. Zacks Research lowered Miami International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. JPMorgan Chase & Co. boosted their price target on Miami International from $41.00 to $45.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Weiss Ratings upgraded Miami International from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Wall Street Zen lowered shares of Miami International from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Finally, Morgan Stanley lifted their price objective on shares of Miami International from $50.00 to $53.00 and gave the company an “overweight” rating in a research report on Friday, July 10th. Four investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, Miami International currently has an average rating of “Hold” and an average price target of $52.00.

Key Headlines Impacting Miami International

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

• Positive Sentiment: MIAX reported record second-quarter net revenue of $141.1 million, up 35% year over year. Adjusted diluted EPS of $0.48 exceeded the $0.41 consensus estimate, while adjusted EBITDA rose 57% to $77 million and the margin expanded to 54%. Miami International Holdings Reports Second Quarter 2026 Results
• Positive Sentiment: Rosenblatt Securities raised its price target from $61 to $62 and maintained a “buy” rating, citing continued growth. Keefe, Bruyette & Woods also increased its target from $46 to $48, although it kept a more cautious “market perform” rating. Analyst price-target updates
• Positive Sentiment: July trading trends remained supportive, with multi-list options average daily volume up 26.3% year to date, potentially supporting further transaction-based revenue growth. July 2026 Trading Results
• Neutral Sentiment: Analyst views remain mixed. Four analysts rate MIAX a buy and five rate it hold, with a consensus price target near $52. However, the stock’s price-to-earnings ratio is near 59, leaving less room for disappointment if growth slows.
• Negative Sentiment: Executives and directors disclosed sales totaling roughly 127,500 shares worth about $5.8 million. The transactions were executed under pre-arranged Rule 10b5-1 plans, and the insiders continue to hold significant positions, which moderates—but does not eliminate—the negative signal. MIAX Insider Selling

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in MIAX. BNP Paribas Financial Markets purchased a new position in Miami International in the fourth quarter worth about $8,477,000. Vanguard Group Inc. raised its position in 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 purchasing an additional 545,770 shares during the period. Arrowstreet Capital Limited Partnership purchased a new stake in Miami International during the first quarter valued at approximately $5,834,000. Tudor Investment Corp ET AL bought a new stake in shares of Miami International in the 3rd quarter valued at approximately $1,833,000. Finally, Seven Grand Managers LLC boosted its holdings in shares of Miami International by 33.3% in the 4th quarter. Seven Grand Managers LLC now owns 400,000 shares of the company’s stock worth $17,752,000 after purchasing an additional 100,000 shares during the period.

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.