Brokerages Set Miami International Holdings, Inc. (NYSE:MIAX) Target Price at $51.20

Shares of Miami International Holdings, Inc. (NYSE:MIAX) have been assigned an average recommendation of “Hold” from the nine research firms that are currently covering the stock, MarketBeat reports. Five investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $51.80.

Several research analysts have recently issued reports on MIAX shares. Weiss Ratings upgraded shares of Miami International from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Zacks Research downgraded shares of Miami International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Rosenblatt Securities raised their price objective on Miami International from $59.00 to $61.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Keefe, Bruyette & Woods lifted their target price on Miami International from $40.00 to $48.00 and gave the stock a “market perform” rating in a research report on Friday, May 8th. Finally, JPMorgan Chase & Co. upped their target price on Miami International from $41.00 to $45.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th.

Insider Buying and Selling

In related news, Director Judson Gray Teekell sold 3,000 shares of the stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $40.00, for a total transaction of $120,000.00. Following the completion of the sale, the director owned 75,251 shares in the company, valued at $3,010,040. This represents a 3.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Harish Jayabalan sold 20,000 shares of the firm’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $42.12, for a total transaction of $842,400.00. Following the transaction, the executive vice president directly owned 78,065 shares in the company, valued at $3,288,097.80. The trade was a 20.39% 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. Insiders have sold 876,546 shares of company stock valued at $38,552,360 in the last 90 days. Company insiders own 15.60% of the company’s stock.

Hedge Funds Weigh In On Miami International

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. acquired a new stake in Miami International during the 3rd quarter worth approximately $55,660,000. Alyeska Investment Group L.P. purchased a new position in shares of Miami International in the 3rd quarter valued at approximately $50,959,000. Invesco Ltd. increased its holdings in shares of Miami International by 178.8% in the fourth quarter. Invesco Ltd. now owns 1,278,966 shares of the company’s stock valued at $56,761,000 after purchasing an additional 820,246 shares during the period. JPMorgan Chase & Co. purchased a new stake in shares of Miami International during the third quarter worth approximately $32,679,000. Finally, North Reef Capital Management LP purchased a new stake in shares of Miami International during the third quarter worth approximately $29,221,000.

Key Stories Impacting Miami International

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

• Positive Sentiment: Morgan Stanley raised its price target on Miami International Holdings to $53 from $50 and reiterated an overweight rating, implying meaningful upside from current levels. Benzinga / The Fly report
• Positive Sentiment: MIAX reported a record year-to-date average daily volume, suggesting strong trading activity and healthy business momentum in its markets. Traders Magazine article
• Neutral Sentiment: The company announced it will release second-quarter 2026 results after market close on August 5, 2026, which mainly sets up the next major catalyst for the stock. PR Newswire article
• Negative Sentiment: Multiple insider sale reports surfaced on July 9, including transactions by several executives and directors, which can pressure sentiment even if the sales are routine or preplanned. American Banking News article

Miami International Price Performance

Shares of MIAX traded down $0.20 during mid-day trading on Friday, reaching $42.79. The company’s stock had a trading volume of 975,394 shares, compared to its average volume of 2,796,356. Miami International has a 12-month low of $28.63 and a 12-month high of $57.14. The stock has a market cap of $4.06 billion and a PE ratio of 44.57. The company’s 50 day moving average is $44.50 and its 200 day moving average is $43.03.

Miami International (NYSE:MIAX) last posted its earnings results on Wednesday, May 6th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.06. The business had revenue of $369.69 million for the quarter, compared to analysts’ expectations of $122.74 million. Miami International’s revenue for the quarter was up 40.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.38 EPS. As a group, sell-side analysts anticipate that Miami International will post 1.53 EPS for the current fiscal year.

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.