Miami International (NYSE:MIAX) EVP Sells $756,480.00 in Stock

Miami International Holdings, Inc. (NYSE:MIAX) EVP Shelly Brown sold 16,000 shares of the business’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $47.28, for a total value of $756,480.00. Following the completion of the transaction, the executive vice president owned 325,047 shares in the company, valued at approximately $15,368,222.16. This trade represents a 4.69% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Shelly Brown also recently made the following trade(s):

• On Wednesday, April 8th, Shelly Brown sold 16,434 shares of Miami International stock. The stock was sold at an average price of $42.08, for a total value of $691,542.72.
• On Tuesday, April 7th, Shelly Brown sold 900 shares of Miami International stock. The shares were sold at an average price of $42.00, for a total value of $37,800.00.
• On Monday, April 6th, Shelly Brown sold 2,357 shares of Miami International stock. The shares were sold at an average price of $41.33, for a total value of $97,414.81.
• On Monday, March 23rd, Shelly Brown sold 25,932 shares of Miami International stock. The shares were sold at an average price of $39.33, for a total value of $1,019,905.56.

Miami International Stock Up 4.3%

Shares of NYSE MIAX opened at $49.73 on Friday. The stock’s 50 day moving average price is $42.13 and its two-hundred day moving average price is $43.25. Miami International Holdings, Inc. has a 52-week low of $28.63 and a 52-week 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 announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.06. The firm had revenue of $128.59 million for the quarter, compared to analyst estimates of $122.74 million. During the same quarter in the previous year, the company earned $0.38 EPS. The company’s quarterly revenue was up 40.0% compared to the same quarter last year. On average, analysts anticipate that Miami International Holdings, Inc. will post 1.45 EPS for the current year.

Key Stories Impacting Miami International

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

Analysts Set New Price Targets

Several brokerages have issued reports on MIAX. 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 note on Friday, April 10th. Wall Street Zen cut Miami International from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. Keefe, Bruyette & Woods initiated coverage on Miami International in a report on Wednesday, April 8th. They set a “market perform” rating and a $40.00 target price for the company. Rosenblatt Securities upped their target price on Miami International from $59.00 to $61.00 and gave the company a “buy” rating in a report on Thursday. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Miami International in a report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $49.60.

Hedge Funds Weigh In On Miami International

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC bought a new position in Miami International during the 3rd quarter valued at $17,684,000. Coastal Bridge Advisors LLC bought a new position in Miami International during the 3rd quarter valued at $3,083,000. Pekin Hardy Strauss Inc. bought a new position in Miami International during the 3rd quarter valued at $1,033,000. Federated Hermes Inc. bought a new position in Miami International during the 3rd quarter valued at $10,065,000. Finally, Victory Capital Management Inc. bought a new position in Miami International during the 3rd quarter valued at $12,168,000.

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.