Thomas Gallagher Sells 41,772 Shares of Miami International (NYSE:MIAX) Stock

Miami International Holdings, Inc. (NYSE:MIAX) CEO Thomas Gallagher sold 41,772 shares of Miami International stock in a transaction on Monday, July 6th. The shares were sold at an average price of $42.09, for a total value of $1,758,183.48. Following the completion of the sale, the chief executive officer directly owned 1,723,275 shares of the company’s stock, valued at $72,532,644.75. The trade was a 2.37% decrease in their ownership of the stock. The sale 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.

Miami International Trading Down 4.0%

MIAX opened at $41.95 on Thursday. The stock’s 50-day moving average price is $44.68 and its 200 day moving average price is $43.05. Miami International Holdings, Inc. has a 12-month low of $28.63 and a 12-month high of $57.14. The firm has a market cap of $3.98 billion and a price-to-earnings ratio of 43.70.

Miami International (NYSE:MIAX) last released its earnings results on Wednesday, May 6th. The company reported $0.42 earnings per share 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 analyst estimates of $122.74 million. The business’s revenue was up 40.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.38 earnings per share. On average, research analysts forecast that Miami International Holdings, Inc. will post 1.53 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have issued reports on MIAX. Morgan Stanley increased their target price 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. Keefe, Bruyette & Woods boosted their price target on shares of Miami International from $40.00 to $48.00 and gave the stock a “market perform” rating in a research note on Friday, May 8th. Weiss Ratings raised Miami International from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. JPMorgan Chase & Co. increased their price objective on Miami International from $41.00 to $45.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Finally, Zacks Research cut Miami International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Four equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, Miami International presently has a consensus rating of “Hold” and an average price target of $51.20.

Institutional Investors Weigh In On Miami International

Hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. acquired a new position in shares of Miami International during the third quarter worth $55,660,000. Victory Capital Management Inc. acquired a new stake in Miami International in the third quarter valued at $12,168,000. First Trust Advisors LP acquired a new stake in Miami International in the third quarter valued at $843,000. Blair William & Co. IL purchased a new stake in Miami International during the 3rd quarter worth about $14,645,000. Finally, Legal & General Group Plc acquired a new position in shares of Miami International during the 3rd quarter worth about $302,000.

Key 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.

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.