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

Miami International Holdings, Inc. (NYSE:MIAX) EVP Douglas Schafer, Jr. sold 48,000 shares of the business’s stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $41.22, for a total transaction of $1,978,560.00. Following the completion of the sale, the executive vice president directly owned 387,414 shares of the company’s stock, valued at $15,969,205.08. The trade was a 11.02% decrease in their position. The transaction was disclosed in a legal 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 Stock Performance

Shares of MIAX stock opened at $43.61 on Wednesday. The stock has a market capitalization of $4.14 billion and a price-to-earnings ratio of 45.42. Miami International Holdings, Inc. has a one year low of $28.63 and a one year high of $57.14. The company’s 50-day simple moving average is $44.77 and its 200-day simple moving average is $43.06.

Miami International (NYSE:MIAX) last announced its quarterly earnings data 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 the consensus estimate of $122.74 million. During the same period in the prior year, the firm earned $0.38 earnings per share. The firm’s quarterly revenue was up 40.0% compared to the same quarter last year. As a group, research analysts forecast that Miami International Holdings, Inc. will post 1.53 EPS for the current year.

Analysts Set New Price Targets

Several research firms recently issued reports on MIAX. Morgan Stanley upped their price target on Miami International from $48.00 to $50.00 and gave the company an “overweight” rating in a research report on Friday, April 10th. Zacks Research lowered shares of Miami International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Weiss Ratings upgraded shares of Miami International from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Keefe, Bruyette & Woods boosted their price objective on shares of Miami International from $40.00 to $48.00 and gave the company a “market perform” rating in a research report on Friday, May 8th. Finally, Wall Street Zen downgraded Miami International from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Four investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, Miami International has a consensus rating of “Hold” and a consensus target price of $51.20.

Key Stories Impacting Miami International

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

• Positive Sentiment: Miami International Holdings 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 can signal stronger activity and revenue potential. Miami International Holdings Reports June 2026 Trading Results
• Neutral Sentiment: Several executives and directors disclosed routine stock sales under pre-arranged Rule 10b5-1 plans, which suggests the transactions were planned in advance rather than a sudden change in outlook, but the cluster of sales may still attract investor attention.
• Neutral Sentiment: CEO Thomas P. Gallagher sold a combined 70,000 shares at prices around $42 per share, while EVP Douglas M. Schafer, Jr., Barbara J. Comly, Shelly Brown, Edward Deitzel, Harish Jayabalan, and directors Kurt M. Eckert and Judson Gray Teekell also sold shares over the past several days.
• Negative Sentiment: The breadth of insider selling could be read by investors as a cautionary signal, potentially limiting upside if traders focus more on insider activity than on the company’s operating update.

Hedge Funds Weigh In On Miami International

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

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.