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

Miami International Holdings, Inc. (NYSE:MIAX) EVP Shelly Brown sold 16,000 shares of the firm’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $42.13, for a total value of $674,080.00. Following the sale, the executive vice president directly owned 353,990 shares in the company, valued at approximately $14,913,598.70. This represents a 4.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, June 2nd, Shelly Brown sold 16,000 shares of Miami International stock. The stock was sold at an average price of $42.12, for a total value of $673,920.00.
• On Monday, May 4th, Shelly Brown sold 16,000 shares of Miami International stock. The stock was sold at an average price of $47.28, for a total value 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 value of $691,542.72.

Miami International Trading Up 4.2%

NYSE MIAX opened at $43.61 on Wednesday. Miami International Holdings, Inc. has a 12 month low of $28.63 and a 12 month high of $57.14. The stock has a market cap of $4.14 billion and a PE ratio of 45.42. The stock’s 50 day moving average is $44.77 and its 200 day moving average is $43.06.

Miami International (NYSE:MIAX) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.06. The company had revenue of $369.69 million for the quarter, compared to analysts’ expectations of $122.74 million. The company’s quarterly revenue was up 40.0% compared to the same quarter last year. During the same period last year, the business earned $0.38 earnings per share. On average, analysts forecast that Miami International Holdings, Inc. will post 1.53 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Wall Street Zen cut shares of Miami International from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Zacks Research cut Miami International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 23rd. Keefe, Bruyette & Woods boosted their target price on Miami International from $40.00 to $48.00 and gave the stock a “market perform” rating in a research report on Friday, May 8th. Morgan Stanley increased their price target on Miami International from $48.00 to $50.00 and gave the company an “overweight” rating in a research note on Friday, April 10th. Finally, JPMorgan Chase & Co. raised 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. Four analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, Miami International currently has an average rating of “Hold” and a consensus price target of $51.20.

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.

Institutional Inflows and Outflows

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

Miami International Company Profile

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.