Miami International (NYSE:MIAX) CEO Sells $2,965,200.00 in Stock

Miami International Holdings, Inc. (NYSE:MIAXGet Free Report) CEO Thomas Gallagher sold 70,000 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $42.36, for a total transaction of $2,965,200.00. Following the completion of the transaction, the chief executive officer directly owned 1,723,275 shares of the company’s stock, valued at approximately $72,997,929. The trade was a 3.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Miami International Price Performance

Shares of NYSE:MIAX opened at $39.15 on Friday. The firm has a fifty day moving average price of $46.00 and a two-hundred day moving average price of $43.87. Miami International Holdings, Inc. has a one year low of $28.63 and a one year high of $57.14. The company has a market cap of $3.72 billion and a price-to-earnings ratio of 40.79.

Miami International (NYSE:MIAXGet Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.36 by $0.06. The firm had revenue of $369.69 million during the quarter, compared to the consensus estimate of $122.74 million. During the same period in the previous year, the business earned $0.38 earnings per share. The firm’s revenue for the quarter was up 40.0% on a year-over-year basis. Equities research analysts expect that Miami International Holdings, Inc. will post 1.53 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have commented on the stock. Zacks Research raised shares of Miami International from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 15th. Wall Street Zen downgraded shares of Miami International from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Keefe, Bruyette & Woods lifted their price objective on shares of Miami International from $40.00 to $48.00 and gave the stock a “market perform” rating in a report on Friday, May 8th. Morgan Stanley lifted their price objective on shares of Miami International from $48.00 to $50.00 and gave the stock an “overweight” rating in a report on Friday, April 10th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Miami International from $41.00 to $45.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $51.20.

Read Our Latest Stock Analysis on MIAX

Institutional Trading of Miami International

A number of hedge funds have recently made changes to their positions in MIAX. Vanguard Group Inc. raised its position in Miami International by 39.5% in the 4th quarter. Vanguard Group Inc. now owns 1,928,286 shares of the company’s stock worth $85,577,000 after purchasing an additional 545,770 shares during the period. Pekin Hardy Strauss Inc. purchased a new position in Miami International in the 3rd quarter worth $1,033,000. Tudor Investment Corp ET AL purchased a new position in Miami International in the 3rd quarter worth $1,833,000. Monashee Investment Management LLC purchased a new position in Miami International in the 3rd quarter worth $6,039,000. Finally, Victory Capital Management Inc. purchased a new position in Miami International in the 3rd quarter worth $12,168,000.

Key Headlines Impacting Miami International

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

  • Positive Sentiment: Recent coverage highlighted that MIAX reported May 2026 trading results showing continued growth in exchange activity, including stronger options volume trends that could support revenue momentum. Miami International Holdings Reports May 2026 Trading Results
  • Positive Sentiment: Analyst attention remains generally constructive, with Rosenblatt keeping a buy rating and raising its price target, while MarketBeat notes an overall Moderate Buy consensus and an average target above the current trading level. Analysts Are Bullish on Top Financial Stocks
  • Neutral Sentiment: The company is also trying to expand beyond its core options franchise, with separate coverage saying MIAX is aiming to grow its futures business, which may broaden its long-term growth story but is not an immediate catalyst. MIAX Aims to Grow Futures Business
  • Negative Sentiment: Investors may be reacting to multiple insider sales by the CEO, several EVPs, and directors, including a fresh sale by Director Judson Gray Teekell. The trades were made under pre-arranged 10b5-1 plans, but the cluster can still pressure sentiment. SEC filing

Miami International Company Profile

(Get Free Report)

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.

Featured Stories

Insider Buying and Selling by Quarter for Miami International (NYSE:MIAX)

Receive News & Ratings for Miami International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Miami International and related companies with MarketBeat.com's FREE daily email newsletter.