Douglas Schafer, Jr. Sells 48,000 Shares of Miami International (NYSE:MIAX) Stock

Miami International Holdings, Inc. (NYSE:MIAX) EVP Douglas Schafer, Jr. sold 48,000 shares of the stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $41.22, for a total value of $1,978,560.00. Following the completion of the sale, the executive vice president directly owned 387,414 shares in the company, valued at approximately $15,969,205.08. This represents a 11.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at 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 $41.95 on Thursday. The business has a fifty day moving average price of $44.68 and a 200-day moving average price of $43.05. The company has a market capitalization of $3.98 billion and a PE ratio of 43.70. Miami International Holdings, Inc. has a 1-year low of $28.63 and a 1-year high of $57.14.

Miami International (NYSE:MIAX) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 quarter in the previous year, the firm earned $0.38 EPS. The business’s revenue for the quarter was up 40.0% on a year-over-year basis. On average, sell-side analysts anticipate that Miami International Holdings, Inc. will post 1.53 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

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

Trending Headlines about 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.

Analyst Upgrades and Downgrades

MIAX has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. boosted 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. Rosenblatt Securities increased their target price on Miami International from $59.00 to $61.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Wall Street Zen lowered Miami International from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Zacks Research downgraded Miami International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 23rd. Finally, Morgan Stanley increased their price objective on Miami International from $48.00 to $50.00 and gave the company an “overweight” rating in a research report on Friday, April 10th. Four analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price 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.