Miami International (NYSE:MIAX) EVP Harish Jayabalan Sells 20,000 Shares of Stock

Miami International Holdings, Inc. (NYSE:MIAXGet Free Report) EVP Harish Jayabalan sold 20,000 shares of the company’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $42.12, for a total value of $842,400.00. Following the sale, the executive vice president owned 78,065 shares of the company’s stock, valued at approximately $3,288,097.80. The trade was a 20.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Harish Jayabalan also recently made the following trade(s):

  • On Monday, June 8th, Harish Jayabalan sold 10,217 shares of Miami International stock. The stock was sold at an average price of $40.12, for a total value of $409,906.04.
  • On Tuesday, June 9th, Harish Jayabalan sold 9,783 shares of Miami International stock. The shares were sold at an average price of $40.04, for a total value of $391,711.32.

Miami International Price Performance

Shares of NYSE:MIAX opened at $43.61 on Wednesday. The firm has a market capitalization of $4.14 billion and a PE ratio of 45.42. The business has a 50-day moving average of $44.77 and a two-hundred day moving average of $43.06. Miami International Holdings, Inc. has a 12 month low of $28.63 and a 12 month high of $57.14.

Miami International (NYSE:MIAXGet Free Report) last released 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 analyst estimates of $122.74 million. During the same period in the prior year, the firm earned $0.38 earnings per share. The business’s revenue for the quarter was up 40.0% on a year-over-year basis. As a group, research analysts anticipate that Miami International Holdings, Inc. will post 1.53 earnings per share for the current year.

Institutional Investors Weigh In On Miami International

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MIAX. State of Wyoming purchased a new position in Miami International in the 4th quarter valued at about $26,000. National Bank of Canada FI purchased a new stake in shares of Miami International during the third quarter worth about $29,000. Comerica Bank increased its position in shares of Miami International by 295.6% during the fourth quarter. Comerica Bank now owns 1,254 shares of the company’s stock worth $56,000 after acquiring an additional 937 shares during the last quarter. Fifth Third Bancorp acquired a new position in shares of Miami International in the first quarter worth about $61,000. Finally, Caitong International Asset Management Co. Ltd purchased a new position in Miami International in the fourth quarter valued at about $66,000.

Miami International News Summary

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.

Wall Street Analyst Weigh In

MIAX has been the subject of several research reports. Morgan Stanley boosted their price objective on shares of Miami International from $48.00 to $50.00 and gave the stock an “overweight” rating in a research note on Friday, April 10th. Keefe, Bruyette & Woods lifted their target price on shares of Miami International from $40.00 to $48.00 and gave the company a “market perform” rating in a report on Friday, May 8th. Weiss Ratings raised shares of Miami International from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. JPMorgan Chase & Co. increased their price target on Miami International from $41.00 to $45.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Finally, Zacks Research lowered Miami International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 23rd. Four research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $51.20.

View Our Latest Research Report 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.

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