Harish Jayabalan Sells 20,000 Shares of Miami International (NYSE:MIAX) Stock

Miami International Holdings, Inc. (NYSE:MIAX) EVP Harish Jayabalan sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $42.12, for a total value of $842,400.00. Following the completion of the sale, the executive vice president directly owned 78,065 shares of the company’s stock, valued at approximately $3,288,097.80. This represents a 20.39% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Harish Jayabalan also recently made the following trade(s):

• On Monday, June 8th, Harish Jayabalan sold 10,217 shares of Miami International stock. The stock was sold at an average price of $40.12, for a total transaction of $409,906.04.
• On Tuesday, June 9th, Harish Jayabalan sold 9,783 shares of Miami International stock. The stock was sold at an average price of $40.04, for a total transaction of $391,711.32.

Miami International Stock Performance

Shares of Miami International stock opened at $41.95 on Thursday. Miami International Holdings, Inc. has a 52-week low of $28.63 and a 52-week high of $57.14. The company has a fifty day moving average of $44.68 and a 200-day moving average of $43.05. The stock has a market capitalization of $3.98 billion and a price-to-earnings ratio of 43.70.

Miami International (NYSE:MIAX) last issued its earnings results on Wednesday, May 6th. The company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.06. The business had revenue of $369.69 million during the quarter, compared to analysts’ expectations of $122.74 million. During the same quarter in the previous year, the business earned $0.38 EPS. Miami International’s revenue for the quarter was up 40.0% compared to the same quarter last year. On average, equities research analysts forecast that Miami International Holdings, Inc. will post 1.53 earnings per share for the current fiscal year.

Analysts Set New Price Targets

MIAX has been the topic of several recent research reports. Wall Street Zen lowered Miami International from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. 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 report on Friday, April 10th. JPMorgan Chase & Co. raised their price target 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. Zacks Research cut Miami International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Finally, Rosenblatt Securities lifted their price target on shares of Miami International from $59.00 to $61.00 and gave the company a “buy” rating in a report on Thursday, May 7th. 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, the company currently has a consensus rating of “Hold” and a consensus price target of $51.20.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Mad River Investors lifted its stake in shares of Miami International by 0.6% in the fourth quarter. Mad River Investors now owns 75,050 shares of the company’s stock worth $3,331,000 after buying an additional 450 shares in the last quarter. State of Wyoming bought a new stake in shares of Miami International during the fourth quarter valued at approximately $26,000. National Bank of Canada FI purchased a new position in Miami International in the 3rd quarter worth approximately $29,000. First Trust Advisors LP lifted its position in Miami International by 3.5% in the 4th quarter. First Trust Advisors LP now owns 21,671 shares of the company’s stock valued at $962,000 after acquiring an additional 733 shares in the last quarter. Finally, Coastal Bridge Advisors LLC boosted its stake in Miami International by 1.1% during the 4th quarter. Coastal Bridge Advisors LLC now owns 77,415 shares of the company’s stock valued at $3,436,000 after purchasing an additional 850 shares during the last quarter.

Key Headlines Impacting Miami International

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.

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.