Thomas Gallagher Sells 70,000 Shares of Miami International (NYSE:MIAX) Stock

Miami International Holdings, Inc. (NYSE:MIAXGet Free Report) CEO Thomas Gallagher sold 70,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $42.36, for a total value of $2,965,200.00. Following the sale, the chief executive officer owned 1,723,275 shares of the company’s stock, valued at approximately $72,997,929. This represents a 3.90% decrease in their position. The transaction was disclosed in a filing 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 Stock Down 1.2%

NYSE MIAX opened at $39.15 on Friday. The company has a market cap of $3.72 billion and a price-to-earnings ratio of 40.79. Miami International Holdings, Inc. has a 52 week low of $28.63 and a 52 week high of $57.14. The business has a 50 day moving average price of $46.00 and a 200-day moving average price of $43.87.

Miami International (NYSE:MIAXGet Free Report) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.36 by $0.06. The firm had revenue of $369.69 million for the quarter, compared to the consensus estimate of $122.74 million. The company’s revenue was up 40.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.38 EPS. On average, equities research analysts anticipate that Miami International Holdings, Inc. will post 1.53 earnings per share for the current year.

Key Stories Impacting Miami International

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

  • Positive Sentiment: Recent coverage highlighted that MIAX reported May 2026 trading results showing continued growth in exchange activity, including stronger options volume trends that could support revenue momentum. Miami International Holdings Reports May 2026 Trading Results
  • Positive Sentiment: Analyst attention remains generally constructive, with Rosenblatt keeping a buy rating and raising its price target, while MarketBeat notes an overall Moderate Buy consensus and an average target above the current trading level. Analysts Are Bullish on Top Financial Stocks
  • Neutral Sentiment: The company is also trying to expand beyond its core options franchise, with separate coverage saying MIAX is aiming to grow its futures business, which may broaden its long-term growth story but is not an immediate catalyst. MIAX Aims to Grow Futures Business
  • Negative Sentiment: Investors may be reacting to multiple insider sales by the CEO, several EVPs, and directors, including a fresh sale by Director Judson Gray Teekell. The trades were made under pre-arranged 10b5-1 plans, but the cluster can still pressure sentiment. SEC filing

Institutional Investors Weigh In On Miami International

Several institutional investors have recently bought and sold shares of MIAX. Caprock Group LLC bought a new stake in Miami International during the third quarter worth $376,000. JPMorgan Chase & Co. bought a new stake in Miami International during the third quarter worth $32,679,000. Texas Yale Capital Corp. bought a new stake in Miami International during the third quarter worth $201,000. Vanguard Group Inc. bought a new stake in Miami International during the third quarter worth $55,660,000. Finally, Readystate Asset Management LP purchased a new position in Miami International in the third quarter worth $503,000.

Analysts Set New Price Targets

MIAX has been the subject of several recent research reports. Weiss Ratings upgraded Miami International from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Keefe, Bruyette & Woods boosted their price objective on Miami International from $40.00 to $48.00 and gave the company a “market perform” rating in a report on Friday, May 8th. Wall Street Zen downgraded Miami International from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Morgan Stanley upped their price target on Miami International from $48.00 to $50.00 and gave the stock an “overweight” rating in a report on Friday, April 10th. Finally, Zacks Research upgraded Miami International from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $51.20.

View Our Latest Stock Report on Miami International

Miami International Company Profile

(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.

Featured Articles

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

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.