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

Miami International Holdings, Inc. (NYSE:MIAXGet Free Report) EVP Douglas Schafer, Jr. sold 48,000 shares of the company’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $45.71, for a total transaction of $2,194,080.00. Following the completion of the sale, the executive vice president directly owned 387,414 shares of the company’s stock, valued at $17,708,693.94. The trade was a 11.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Miami International Trading Down 1.3%

Miami International stock opened at $45.38 on Friday. The stock has a market cap of $4.31 billion and a price-to-earnings ratio of 58.94. The company’s 50-day moving average price is $41.61 and its two-hundred day moving average price is $42.93. Miami International Holdings, Inc. has a 52 week low of $28.63 and a 52 week high of $57.14.

Miami International (NYSE:MIAXGet Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.07. The company had revenue of $387.63 million for the quarter. Miami International had a net margin of 9.70% and a return on equity of 17.98%. The firm’s quarterly revenue was up 34.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.48 earnings per share. Research analysts expect that Miami International Holdings, Inc. will post 1.59 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Miami International

A number of institutional investors have recently bought and sold shares of MIAX. Vanguard Group Inc. purchased a new position in Miami International during the 3rd quarter valued at about $55,660,000. First Trust Advisors LP acquired a new stake in shares of Miami International during the third quarter worth approximately $843,000. Legal & General Group Plc purchased a new position in Miami International during the third quarter valued at approximately $302,000. Franklin Resources Inc. purchased a new position in Miami International during the third quarter valued at approximately $17,403,000. Finally, Sei Investments Co. acquired a new position in Miami International in the 3rd quarter valued at approximately $4,074,000.

Trending Headlines about Miami International

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

  • Positive Sentiment: Miami International reported record second-quarter net revenue of $141 million, up 35% year over year. Adjusted diluted EPS was $0.48, above the $0.41 consensus estimate, while adjusted EBITDA rose 57% to $77 million and the margin expanded to 54%. The company also updated its full-year 2026 expense guidance. Miami International Holdings Reports Second Quarter 2026 Results
  • Positive Sentiment: July trading data showed continued volume momentum: multi-list options average daily volume increased 26.3% year to date, supporting expectations for further transaction-based revenue growth. Miami International Holdings Reports July 2026 Trading Results
  • Positive Sentiment: Rosenblatt Securities raised its price target to $62 from $61 and reaffirmed a “buy” rating, implying substantial upside from the referenced share price. Rosenblatt Securities price-target update
  • Positive Sentiment: An earnings-call transcript and a separate analyst upgrade highlighted that MIAX’s growth trajectory remains strong, reinforcing the bullish interpretation of its second-quarter performance. Q2 2026 Earnings Call Transcript Miami International Growth Upgrade
  • Negative Sentiment: Multiple executives and directors disclosed sales totaling about 127,500 shares, worth roughly $5.8 million. Although all trades were made under pre-arranged Rule 10b5-1 plans and the insiders retain sizable positions, the cluster of sales may weigh on sentiment and suggest profit-taking after the stock’s recent advance. SEC insider-trading filing

Wall Street Analyst Weigh In

MIAX has been the subject of a number of research reports. Morgan Stanley increased their price target on Miami International from $50.00 to $53.00 and gave the company an “overweight” rating in a research note on Friday, July 10th. JPMorgan Chase & Co. boosted their price objective on Miami International from $41.00 to $45.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Zacks Research lowered Miami International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 23rd. Keefe, Bruyette & Woods raised their target price on Miami International from $40.00 to $48.00 and gave the company a “market perform” rating in a research note on Friday, May 8th. Finally, 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. Four research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Miami International has an average rating of “Hold” and a consensus price target of $52.00.

View Our Latest Stock Analysis on Miami International

About Miami International

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Miami International (NYSE:MIAX)

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