Miami International (NYSE:MIAX) Given New $61.00 Price Target at Rosenblatt Securities

Miami International (NYSE:MIAX) had its target price hoisted by Rosenblatt Securities from $59.00 to $61.00 in a report released on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Rosenblatt Securities’ target price suggests a potential upside of 23.30% from the stock’s previous close.

MIAX has been the topic of a number of other research reports. Keefe, Bruyette & Woods initiated coverage on shares of Miami International in a report on Wednesday, April 8th. They set a “market perform” rating and a $40.00 price target on the stock. Morgan Stanley upped their price objective on Miami International from $48.00 to $50.00 and gave the company an “overweight” rating in a research report on Friday, April 10th. Zacks Research raised Miami International from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 15th. Weiss Ratings restated a “sell (d+)” rating on shares of Miami International in a research note on Friday, March 27th. Finally, Wall Street Zen downgraded Miami International from a “buy” rating to a “hold” rating in a report on Saturday, March 28th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $48.00.

Miami International Trading Up 3.7%

Miami International stock traded up $1.78 during mid-day trading on Thursday, hitting $49.47. The company had a trading volume of 141,414 shares, compared to its average volume of 1,261,254. Miami International has a 12 month low of $28.63 and a 12 month high of $51.38. The company has a market capitalization of $4.69 billion and a PE ratio of 91.61. The stock’s 50 day moving average price is $41.93 and its two-hundred day moving average price is $43.20.

Miami International (NYSE:MIAX) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.06. The business’s revenue was up 40.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.38 earnings per share. Equities research analysts anticipate that Miami International will post 1.45 EPS for the current year.

Insider Buying and Selling at Miami International

In related news, EVP Shelly Brown sold 16,000 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $47.28, for a total value of $756,480.00. Following the transaction, the executive vice president owned 325,047 shares of the company’s stock, valued at approximately $15,368,222.16. This trade represents a 4.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Douglas M. Schafer, Jr. sold 48,000 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $47.25, for a total transaction of $2,268,000.00. Following the sale, the executive vice president owned 396,681 shares of the company’s stock, valued at $18,743,177.25. This trade represents a 10.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 687,175 shares of company stock worth $29,675,666.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. State of Wyoming purchased a new stake in shares of Miami International in the 4th quarter worth $26,000. National Bank of Canada FI purchased a new position in Miami International during the third quarter valued at $29,000. Comerica Bank grew its holdings in Miami International by 295.6% during the fourth quarter. Comerica Bank now owns 1,254 shares of the company’s stock valued at $56,000 after purchasing an additional 937 shares during the period. Fifth Third Bancorp purchased a new stake in Miami International in the first quarter worth about $61,000. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in Miami International in the fourth quarter worth about $66,000.

Miami International News Summary

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

• Positive Sentiment: Q1 results beat and margin expansion: MIAX reported adjusted EPS of $0.42 (above consensus) with net revenue up ~40% YoY and adjusted EBITDA up ~66% YoY; management reaffirmed full‑year adjusted operating expense guidance — a clear fundamental driver for the rally. Q1 2026 Results
• Positive Sentiment: Stronger trading volumes: MIAX reported April trading results showing multi‑list options ADV growth (about +23.9% YTD), supporting continued revenue and market‑share gains in listed derivatives. April 2026 Trading Results
• Neutral Sentiment: Earnings call / transcript available: Management provided color on growth drivers and operations in the Q1 call — useful for verifying guidance assumptions and cadence of margin improvement. Earnings Call Transcript
• Neutral Sentiment: Multiple insider sales executed under Rule 10b5‑1 plans: CEO Thomas Gallagher sold 54,229 shares and several senior executives/directors sold additional blocks (Douglas Schafer Jr., Barbara Comly, Shelly Brown, Edward Deitzel, Kurt Eckert, Judson Teekell). These were pre‑planned dispositions and the insiders still retain large stakes. Insider Sale — Gallagher
• Negative Sentiment: Valuation and analyst mix: MIAX trades at a high P/E (near the low‑100s on reported metrics) and analyst views are mixed (some raises and some holds/sells), which raises downside sensitivity if growth or margins slow. MarketBeat MIAX profile

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.