Judson Gray Teekell Sells 3,000 Shares of Miami International (NYSE:MIAX) Stock

Miami International Holdings, Inc. (NYSE:MIAXGet Free Report) Director Judson Gray Teekell sold 3,000 shares of the business’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $47.30, for a total value of $141,900.00. Following the completion of the sale, the director directly owned 56,338 shares of the company’s stock, valued at $2,664,787.40. The trade was a 5.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Judson Gray Teekell also recently made the following trade(s):

  • On Thursday, April 2nd, Judson Gray Teekell sold 2,700 shares of Miami International stock. The stock was sold at an average price of $40.00, for a total value of $108,000.00.

Miami International Stock Down 0.4%

NYSE MIAX opened at $47.53 on Thursday. Miami International Holdings, Inc. has a 52 week low of $28.63 and a 52 week high of $51.38. The business has a 50 day moving average price of $41.93 and a 200-day moving average price of $43.20. The company has a market cap of $4.51 billion and a price-to-earnings ratio of 88.02.

Miami International (NYSE:MIAXGet Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.06. The company’s revenue for the quarter was up 40.0% on a year-over-year basis. During the same quarter last year, the company posted $0.38 earnings per share. On average, equities research analysts anticipate that Miami International Holdings, Inc. will post 1.45 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on MIAX. Keefe, Bruyette & Woods initiated coverage on shares of Miami International in a research report on Wednesday, April 8th. They issued a “market perform” rating and a $40.00 price target on the stock. Rosenblatt Securities reissued a “buy” rating and issued a $59.00 price objective on shares of Miami International in a research note on Tuesday, April 7th. Wall Street Zen cut Miami International from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. 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 report on Friday, April 10th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Miami International in a report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $47.60.

Check Out Our Latest Research Report on MIAX

Miami International News Summary

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

  • Positive Sentiment: Quarterly results beat and margin expansion. MIAX reported Q1 adjusted EPS of $0.42 vs. consensus $0.36 and net revenue of $128.6M, up ~40% year-over-year; adjusted EBITDA grew ~66% with a 51% margin, and the company reaffirmed full-year adjusted operating expense guidance — a clear near-term earnings and profitability positive. Q1 results
  • Positive Sentiment: Trading activity is accelerating. MIAX Exchange Group reported a ~23.9% increase in multi-list options ADV YTD (April trading results), supporting higher transaction-based revenue going forward. April trading results
  • Positive Sentiment: Institutional buying and supportive analyst views. Large institutional positions and recent analyst upgrades/price-target raises (e.g., Morgan Stanley lift) help underpin sentiment and liquidity around the stock; consensus target is near the current trading level. Analyst & institutional summary
  • Neutral Sentiment: Multiple insider sales executed under 10b5-1 plans. Several directors and executives, including the CEO, sold shares in early May (pre-arranged plans). The trades raise headlines but were planned sales and left insiders with substantial remaining holdings. Insider trades
  • Negative Sentiment: Rich valuation and elevated expectations. MIAX currently trades at a high multiple (reported PE >80), which can amplify downside if growth or volumes slow; analysts’ consensus target (~$47.60) is close to current levels, limiting obvious near-term upside. Valuation & analyst consensus

Institutional Trading of Miami International

Institutional investors and hedge funds have recently modified their holdings of the business. Allspring Global Investments Holdings LLC bought a new stake in Miami International during the third quarter worth $17,684,000. Caldwell Investment Management Ltd. bought a new stake in shares of Miami International during the 3rd quarter worth $27,056,000. Emerald Mutual Fund Advisers Trust bought a new stake in shares of Miami International during the 3rd quarter worth $101,000. Atlas Wealth Partners LLC purchased a new position in shares of Miami International in the 3rd quarter worth about $881,000. Finally, Federated Hermes Inc. bought a new position in Miami International during the third quarter valued at about $10,065,000.

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.

See Also

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

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