Shelly Brown Sells 16,000 Shares of Miami International (NYSE:MIAX) Stock

Miami International Holdings, Inc. (NYSE:MIAX) EVP Shelly Brown sold 16,000 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $42.12, for a total transaction of $673,920.00. Following the completion of the sale, the executive vice president owned 325,047 shares of the company’s stock, valued at approximately $13,690,979.64. This represents a 4.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Shelly Brown also recently made the following trade(s):

• On Monday, May 4th, Shelly Brown sold 16,000 shares of Miami International stock. The shares were sold at an average price of $47.28, for a total transaction of $756,480.00.
• On Wednesday, April 8th, Shelly Brown sold 16,434 shares of Miami International stock. The shares were sold at an average price of $42.08, for a total transaction of $691,542.72.
• On Tuesday, April 7th, Shelly Brown sold 900 shares of Miami International stock. The shares were sold at an average price of $42.00, for a total transaction of $37,800.00.
• On Monday, April 6th, Shelly Brown sold 2,357 shares of Miami International stock. The shares were sold at an average price of $41.33, for a total transaction of $97,414.81.
• On Monday, March 23rd, Shelly Brown sold 25,932 shares of Miami International stock. The shares were sold at an average price of $39.33, for a total transaction of $1,019,905.56.

Miami International Stock Performance

MIAX opened at $39.15 on Friday. The firm has a market cap of $3.72 billion and a P/E ratio of 40.79. The firm has a 50-day moving average of $46.00 and a 200 day moving average of $43.87. Miami International Holdings, Inc. has a fifty-two week low of $28.63 and a fifty-two week high of $57.14.

Miami International (NYSE:MIAX) last posted its quarterly earnings results 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 company had revenue of $369.69 million for the quarter, compared to the consensus estimate of $122.74 million. Miami International’s quarterly revenue was up 40.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.38 EPS. Equities research analysts predict that Miami International Holdings, Inc. will post 1.53 earnings per share for the current fiscal 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

Hedge Funds Weigh In On Miami International

Several large investors have recently modified their holdings of the business. NewEdge Advisors LLC purchased a new position in shares of Miami International in the first quarter worth about $1,519,000. Bank of America Corp DE boosted its position in shares of Miami International by 196.5% in the first quarter. Bank of America Corp DE now owns 900,882 shares of the company’s stock valued at $35,062,000 after acquiring an additional 597,021 shares during the period. Royal Bank of Canada boosted its position in shares of Miami International by 553.2% in the first quarter. Royal Bank of Canada now owns 10,301 shares of the company’s stock valued at $401,000 after acquiring an additional 8,724 shares during the period. The Manufacturers Life Insurance Company boosted its position in shares of Miami International by 11.6% in the first quarter. The Manufacturers Life Insurance Company now owns 163,981 shares of the company’s stock valued at $6,382,000 after acquiring an additional 17,037 shares during the period. Finally, Quantinno Capital Management LP bought a new position in shares of Miami International in the first quarter valued at approximately $2,160,000.

Analysts Set New Price Targets

Several equities analysts recently weighed in on MIAX shares. 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. Keefe, Bruyette & Woods increased their price target on shares of Miami International from $40.00 to $48.00 and gave the company a “market perform” rating in a research report on Friday, May 8th. Morgan Stanley increased their target price on shares of Miami International from $48.00 to $50.00 and gave the stock an “overweight” rating in a research report on Friday, April 10th. Wall Street Zen downgraded shares of Miami International from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Miami International from $41.00 to $45.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $51.20.

About Miami International

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.