Miami International (NYSE:MIAX) EVP Douglas Schafer, Jr. Sells 40,000 Shares of Company Stock

Miami International Holdings, Inc. (NYSE:MIAX) EVP Douglas Schafer, Jr. sold 40,000 shares of the company’s stock in a transaction on Tuesday, November 3rd. The shares were sold at an average price of $34.07, for a total value of $1,362,800.00. Following the completion of the transaction, the executive vice president directly owned 387,414 shares in the company, valued at approximately $13,199,194.98. This represents a 9.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Miami International Stock Performance

MIAX opened at $34.51 on Friday. Miami International Holdings, Inc. has a fifty-two week low of $29.06 and a fifty-two week high of $57.14. The company has a market capitalization of $3.45 billion, a P/E ratio of 12.78 and a beta of 1.73. The stock has a fifty day moving average of $35.76 and a 200-day moving average of $41.15.

Miami International (NYSE:MIAX) last announced its earnings results on Thursday, October 29th. The company reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.09. Miami International had a net margin of 19.75% and a return on equity of 19.06%. The company had revenue of $376.18 million during the quarter. During the same period in the previous year, the firm posted $0.42 EPS. The company’s revenue was up 243.6% compared to the same quarter last year. On average, equities research analysts predict that Miami International Holdings, Inc. will post 1.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

MIAX has been the topic of a number of analyst reports. Rosenblatt Securities reduced their price target 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. Wall Street Zen cut Miami International from a “buy” rating to a “hold” rating in a report on Sunday, August 23rd. Zacks Research cut Miami International from a “strong-buy” rating to a “hold” rating in a report on Monday, October 26th. Weiss Ratings downgraded Miami International from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, October 28th. Finally, Keefe, Bruyette & Woods increased their target price on Miami International from $46.00 to $48.00 and gave the stock a “market perform” rating in a report on Friday, August 7th. One investment analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $49.00.

Miami International News Roundup

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 made changes to their positions in the company. Fifth Third Bancorp bought a new stake in shares of Miami International during the first quarter worth about $61,000. New York State Teachers Retirement System acquired a new stake in shares of Miami International in the 1st quarter worth about $84,000. Covestor Ltd lifted its position in Miami International by 321.5% in the 3rd quarter. Covestor Ltd now owns 2,508 shares of the company’s stock valued at $84,000 after acquiring an additional 1,913 shares in the last quarter. Sterling Capital Management LLC lifted its position in 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 acquiring an additional 2,306 shares in the last quarter. Finally, Nisa Investment Advisors LLC boosted its stake in Miami International by 42.3% during 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 during the last quarter.

About Miami International

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.