Tudor Investment Corp ET AL Buys Shares of 45,533 Miami International Holdings, Inc. $MIAX

Key Points

• Tudor Investment Corp bought a new stake of 45,533 shares in Miami International (NYSE:MIAX) worth about $1.83 million, representing roughly 0.06% ownership.
• Insiders have sold 267,629 shares (~$10.8M) over the past 90 days, including recent EVP sales, while short interest jumped ~34.7% to ~3.39M shares (~3.7% of outstanding), signaling increased bearish positioning.
• Miami International beat quarterly estimates (EPS $0.52 vs. $0.41; revenue $369.4M), prompting bullish notes like Morgan Stanley's upgrade to Overweight ($50 PT) and Rosenblatt's $59 Buy, although the consensus rating is a "Hold" with an average target of $47.60.

Tudor Investment Corp ET AL bought a new stake in Miami International Holdings, Inc. (NYSE:MIAX - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 45,533 shares of the company's stock, valued at approximately $1,833,000. Tudor Investment Corp ET AL owned 0.06% of Miami International as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. National Bank of Canada FI acquired a new stake in Miami International in the third quarter valued at $29,000. Emerald Mutual Fund Advisers Trust acquired a new stake in Miami International in the third quarter valued at $101,000. Texas Yale Capital Corp. acquired a new stake in Miami International in the third quarter valued at $201,000. Sandia Investment Management LP acquired a new stake in Miami International in the third quarter valued at $266,000. Finally, Limestone Investment Advisors LP acquired a new stake in Miami International in the third quarter valued at $278,000.

Miami International News Roundup

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

• Positive Sentiment: Morgan Stanley raised its price target to $50 and moved the stock to "Overweight" — a visible catalyst that boosts upside expectations versus the current price. Benzinga
• Positive Sentiment: Rosenblatt Securities reiterated a Buy and keeps a $59 target, supporting bullish investor interest from growth-oriented shops. Rosenblatt Reaffirms Buy
• Positive Sentiment: Recent quarterly results (Feb. 25) beat estimates — EPS and revenue topped expectations and revenue showed year-over-year growth — underpinning fundamental upside potential. Earnings/Revenue Beat
• Neutral Sentiment: The company announced the passing of board member Murray Stahl — a governance update that is not a direct operational or financial development but could create a short-term board vacancy. Company Announcement
• Negative Sentiment: Insider selling by senior executives (multiple EVP sales executed under Rule 10b5-1 plans) has been sizeable over the past week; while pre-arranged plans reduce timing concerns, the volume can still pressure sentiment. Edward Deitzel SEC Filing Shelly Brown SEC Filing
• Negative Sentiment: Short interest jumped ~34.7% to ~3.39M shares as of March 31 (about 3.7% of shares outstanding), signaling increased bearish positioning and potential near-term volatility. (Days-to-cover ≈ 2.6.)
• Negative Sentiment: Keefe, Bruyette & Woods initiated coverage with a Market Perform and a $40 target (below current levels), and Weiss Ratings reiterated a Sell — analyst divergence that may cap momentum among institutional buyers. KBW Coverage

Insider Buying and Selling at Miami International

In related news, EVP Douglas M. Schafer, Jr. sold 48,000 shares of the business's stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $39.74, for a total value of $1,907,520.00. Following the completion of the transaction, the executive vice president owned 396,681 shares of the company's stock, valued at approximately $15,764,102.94. The trade was a 10.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Edward Deitzel sold 7,572 shares of the business's stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $42.02, for a total transaction of $318,175.44. Following the completion of the transaction, the executive vice president directly owned 116,221 shares of the company's stock, valued at $4,883,606.42. The trade was a 6.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 267,629 shares of company stock worth $10,812,697.

Wall Street Analyst Weigh In

MIAX has been the subject of a number of recent analyst reports. Weiss Ratings reissued a "sell (d+)" rating on shares of Miami International in a report on Friday, March 27th. Rosenblatt Securities reissued a "buy" rating and issued a $59.00 target price on shares of Miami International in a report on Tuesday, April 7th. Keefe, Bruyette & Woods began coverage on Miami International in a report on Wednesday, April 8th. They issued a "market perform" rating and a $40.00 target price for the company. Morgan Stanley lifted their price target on Miami International from $48.00 to $50.00 and gave the stock an "overweight" rating in a research note on Friday. Finally, Wall Street Zen downgraded Miami International from a "buy" rating to a "hold" rating in a research note on Saturday, March 28th. Four equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $47.60.

Miami International Stock Down 0.1%

NYSE:MIAX opened at $41.93 on Monday. The company has a market capitalization of $3.84 billion and a PE ratio of 77.64. Miami International Holdings, Inc. has a 52-week low of $28.63 and a 52-week high of $51.38. The stock has a fifty day simple moving average of $40.50 and a 200-day simple moving average of $42.83.

Miami International (NYSE:MIAX - Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The company reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.11. The firm had revenue of $369.43 million for the quarter, compared to analyst estimates of $121.13 million. The firm's revenue was up 14.0% on a year-over-year basis.

Miami International 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.