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

Miami International Holdings, Inc. (NYSE:MIAX) EVP Harish Jayabalan sold 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $45.90, for a total value of $918,000.00. Following the completion of the sale, the executive vice president directly owned 78,065 shares of the company’s stock, valued at $3,583,183.50. This represents a 20.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, July 6th, Harish Jayabalan sold 20,000 shares of Miami International stock. The stock was sold at an average price of $42.12, for a total value of $842,400.00.
• On Monday, June 8th, Harish Jayabalan sold 10,217 shares of Miami International stock. The shares were 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 stock was sold at an average price of $40.04, for a total transaction of $391,711.32.

Miami International Stock Down 2.8%

NYSE:MIAX opened at $44.16 on Friday. Miami International Holdings, Inc. has a fifty-two week low of $28.63 and a fifty-two week high of $57.14. The stock has a market cap of $4.19 billion and a PE ratio of 57.36. The firm’s fifty day simple moving average is $41.55 and its 200-day simple moving average is $42.94.

Miami International (NYSE:MIAX) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.41 by $0.07. The firm had revenue of $387.63 million during the quarter. Miami International had a net margin of 9.70% and a return on equity of 17.98%. The firm’s revenue for the quarter was up 34.8% on a year-over-year basis. During the same quarter last year, the business earned $0.48 EPS. Equities analysts anticipate that Miami International Holdings, Inc. will post 1.67 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MIAX. BlackRock Inc. purchased a new stake in shares of Miami International during the second quarter worth about $188,466,000. T. Rowe Price Investment Management Inc. lifted its stake in shares of Miami International by 24.5% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 3,025,712 shares of the company’s stock valued at $134,282,000 after buying an additional 595,096 shares during the period. Vanguard Group Inc. boosted its position in Miami International by 39.5% during the fourth quarter. Vanguard Group Inc. now owns 1,928,286 shares of the company’s stock worth $85,577,000 after acquiring an additional 545,770 shares during the last quarter. Horizon Kinetics Asset Management LLC grew its stake in Miami International by 31.6% in the 4th quarter. Horizon Kinetics Asset Management LLC now owns 1,819,798 shares of the company’s stock worth $80,763,000 after acquiring an additional 437,395 shares during the period. Finally, Alyeska Investment Group L.P. lifted its stake in shares of Miami International by 1.6% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,286,086 shares of the company’s stock worth $57,076,000 after purchasing an additional 20,350 shares during the period.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Wall Street Zen cut Miami International from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. JPMorgan Chase & Co. boosted their target price on Miami International from $41.00 to $45.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Morgan Stanley increased their price target on shares of Miami International from $50.00 to $53.00 and gave the company an “overweight” rating in a research report on Friday, July 10th. Rosenblatt Securities raised their price objective on shares of Miami International from $61.00 to $62.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Weiss Ratings raised Miami International from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Four analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $52.00.

Miami International News Summary

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

• Positive Sentiment: MIAX reported record second-quarter net revenue of $141.1 million, up 35% year over year. Adjusted diluted EPS of $0.48 exceeded the $0.41 consensus estimate, while adjusted EBITDA rose 57% to $77 million and the margin expanded to 54%. Miami International Holdings Reports Second Quarter 2026 Results
• Positive Sentiment: Rosenblatt Securities raised its price target from $61 to $62 and maintained a “buy” rating, citing continued growth. Keefe, Bruyette & Woods also increased its target from $46 to $48, although it kept a more cautious “market perform” rating. Analyst price-target updates
• Positive Sentiment: July trading trends remained supportive, with multi-list options average daily volume up 26.3% year to date, potentially supporting further transaction-based revenue growth. July 2026 Trading Results
• Neutral Sentiment: Analyst views remain mixed. Four analysts rate MIAX a buy and five rate it hold, with a consensus price target near $52. However, the stock’s price-to-earnings ratio is near 59, leaving less room for disappointment if growth slows.
• Negative Sentiment: Executives and directors disclosed sales totaling roughly 127,500 shares worth about $5.8 million. The transactions were executed under pre-arranged Rule 10b5-1 plans, and the insiders continue to hold significant positions, which moderates—but does not eliminate—the negative signal. MIAX Insider Selling

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.