Thomas Gallagher Sells 28,228 Shares of Miami International (NYSE:MIAX) Stock

Miami International Holdings, Inc. (NYSE:MIAX) CEO Thomas Gallagher sold 28,228 shares of Miami International stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $42.27, for a total value of $1,193,197.56. Following the transaction, the chief executive officer owned 1,723,275 shares of the company’s stock, valued at $72,842,834.25. The trade was a 1.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Miami International Stock Down 4.0%

Shares of NYSE MIAX opened at $41.95 on Thursday. The business’s 50 day moving average price is $44.68 and its two-hundred day moving average price is $43.05. The company has a market cap of $3.98 billion and a PE ratio of 43.70. Miami International Holdings, Inc. has a twelve month low of $28.63 and a twelve month high of $57.14.

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

More Miami International News

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

• Positive Sentiment: Miami International reported June 2026 trading results showing continued growth across its exchange businesses, including a 26.0% increase in multi-list options average daily volume year-to-date, which supports the case for stronger activity and potential revenue growth. Miami International Holdings Reports June 2026 Trading Results
• Neutral Sentiment: Analysts maintain a mixed but generally constructive view, with a recent average price target of $51.20, suggesting some upside from current levels but no major change in the overall rating picture. Miami International Holdings, Inc. (NYSE:MIAX) Receives $51.20 Average PT from Analysts
• Neutral Sentiment: Multiple insider sales were made under pre-arranged Rule 10b5-1 plans, which suggests the transactions were scheduled in advance rather than reflecting an abrupt change in outlook.
• Negative Sentiment: The cluster of insider selling is likely weighing on sentiment, especially after CEO Thomas P. Gallagher, several EVPs, and two directors sold shares over the past several days, which can make investors cautious about near-term upside.

Hedge Funds Weigh In On Miami International

Several institutional investors and hedge funds have recently modified their holdings of the business. State of Wyoming acquired a new stake in Miami International in the 4th quarter worth about $26,000. National Bank of Canada FI acquired a new position in shares of Miami International during the 3rd quarter worth approximately $29,000. Comerica Bank grew its position in shares of Miami International by 295.6% during the 4th quarter. Comerica Bank now owns 1,254 shares of the company’s stock worth $56,000 after purchasing an additional 937 shares in the last quarter. Fifth Third Bancorp bought a new position in shares of Miami International during the first quarter worth approximately $61,000. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in shares of Miami International in the fourth quarter valued at approximately $66,000.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on MIAX. JPMorgan Chase & Co. increased their price objective on shares of Miami International from $41.00 to $45.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Morgan Stanley upped their price target on shares of Miami International from $48.00 to $50.00 and gave the company an “overweight” rating in a research note on Friday, April 10th. Keefe, Bruyette & Woods increased their price target on shares of Miami International from $40.00 to $48.00 and gave the company a “market perform” rating in a report on Friday, May 8th. Rosenblatt Securities raised their price objective on shares of Miami International from $59.00 to $61.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Finally, Wall Street Zen downgraded Miami International from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Four equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $51.20.

About Miami International

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.