Miami International Holdings, Inc. (NYSE:MIAX – Get Free Report) EVP Barbara Comly sold 56,022 shares of the stock in a transaction dated Wednesday, November 4th. The stock was sold at an average price of $35.07, for a total transaction of $1,964,691.54. Following the transaction, the executive vice president owned 839,564 shares in the company, valued at approximately $29,443,509.48. The trade was a 6.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Miami International Stock Performance
Miami International stock opened at $34.51 on Friday. Miami International Holdings, Inc. has a 1 year low of $29.06 and a 1 year high of $57.14. The firm has a 50 day moving average price of $35.76 and a 200 day moving average price of $41.15. The company has a market cap of $3.45 billion, a price-to-earnings ratio of 12.78 and a beta of 1.73.
Miami International (NYSE:MIAX – Get Free Report) last issued its quarterly earnings results on Thursday, October 29th. The company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.36 by $0.09. The firm had revenue of $376.18 million during the quarter. Miami International had a net margin of 19.75% and a return on equity of 19.06%. The business’s revenue for the quarter was up 243.6% on a year-over-year basis. During the same period last year, the company posted $0.42 EPS. Sell-side analysts predict that Miami International Holdings, Inc. will post 1.76 EPS for the current year.
Key Stories Impacting Miami International
Here are the key news stories impacting Miami International this week:
- Positive Sentiment: Options trading activity is growing: The MIAX Exchange Group reported a 16.6% year-to-date increase in average daily volume for multi-list options through October 2026. Rising trading activity may support exchange transaction revenue and indicate business growth. Miami International Holdings October trading results
- Neutral Sentiment: Potential product expansion: MIAX filed to offer binary index and KPI options. The proposal could broaden its product lineup, although the filing alone does not establish when or whether these products will launch. MIAX files to offer binary index and KPI options
- Negative Sentiment: Executives reported sizable stock sales: EVP Douglas Schafer sold 48,000 shares across Nov. 3–4, and EVP Barbara Comly sold 79,361 shares across Nov. 2 and 4. The sales can raise investor concern about insider sentiment, though both were made under pre-arranged Rule 10b5-1 plans and the executives retained substantial holdings. Schafer SEC filing Comly SEC filing
Institutional Trading of Miami International
Several large investors have recently modified their holdings of MIAX. Fifth Third Bancorp bought a new position in Miami International during the 1st quarter valued at $61,000. New York State Teachers Retirement System bought a new stake in shares of Miami International in the 1st quarter worth about $84,000. Covestor Ltd increased its position in shares of Miami International by 321.5% in the 3rd quarter. Covestor Ltd now owns 2,508 shares of the company’s stock worth $84,000 after purchasing an additional 1,913 shares during the last quarter. Sterling Capital Management LLC raised its stake in shares of Miami International by 857.2% in the 3rd quarter. Sterling Capital Management LLC now owns 2,575 shares of the company’s stock valued at $86,000 after purchasing an additional 2,306 shares in the last quarter. Finally, Nisa Investment Advisors LLC raised its stake in shares of Miami International by 42.3% in the 3rd quarter. Nisa Investment Advisors LLC now owns 2,641 shares of the company’s stock valued at $88,000 after purchasing an additional 785 shares in the last quarter.
Wall Street Analysts Forecast Growth
MIAX has been the topic of a number of research analyst reports. Zacks Research cut Miami International from a “strong-buy” rating to a “hold” rating in a report on Monday, October 26th. Morgan Stanley dropped their price target on Miami International from $50.00 to $43.00 and set an “equal weight” rating for the company in a research note on Friday, October 9th. Keefe, Bruyette & Woods raised their price target on shares of Miami International from $46.00 to $48.00 and gave the company a “market perform” rating in a report on Friday, August 7th. Wall Street Zen lowered Miami International from a “buy” rating to a “hold” rating in a research report on Sunday, August 23rd. Finally, Rosenblatt Securities cut their price objective on Miami International from $62.00 to $60.00 and set a “buy” rating on the stock in a research report on Tuesday, October 27th. One research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $49.00.
Check Out Our Latest Report on Miami International
Miami International Company Profile
Miami International Holdings, Inc (NYSE: MIAX) is a financial exchange operator that owns and manages regulated marketplaces for the trading of options and other securities. Through its exchange platforms, the company provides electronic trading, order matching, market data and related services to brokers, market makers, institutional investors and other market participants.
The company operates the MIAX exchange family, which includes MIAX, MIAX Pearl and MIAX Emerald, as well as related equities and options trading venues.
Featured Articles
- Five stocks we like better than Miami International
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
Receive News & Ratings for Miami International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Miami International and related companies with MarketBeat.com's FREE daily email newsletter.
