Insider Selling: Miami International (NYSE:MIAX) Director Sells $48,685.40 in Stock

Key Points

• Director Kurt Eckert sold 1,063 MIAX shares for $48,685 at an average price of $45.80 under a pre-arranged Rule 10b5-1 plan, reducing his holdings by 0.71% to 149,612 shares.
• Miami International reported strong second-quarter results, with revenue up 34.8% year over year and EPS of $0.48 beating analysts’ $0.41 estimate. Adjusted EBITDA rose 57% to $77 million, while July multi-listed options volume increased 26.3% year to date.
• MIAX shares recently traded near $45.38, while analysts maintain a consensus “Hold” rating and an average price target of $52; Rosenblatt raised its target to $62 and kept a “Buy” rating.

Miami International Holdings, Inc. (NYSE:MIAX - Get Free Report) Director Kurt Eckert sold 1,063 shares of Miami International stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $45.80, for a total transaction of $48,685.40. Following the transaction, the director directly owned 149,612 shares in the company, valued at approximately $6,852,229.60. This represents a 0.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Miami International Trading Down 1.3%

Shares of MIAX stock traded down $0.58 during trading on Thursday, hitting $45.38. The company's stock had a trading volume of 1,947,036 shares, compared to its average volume of 1,552,097. The company has a market cap of $4.31 billion and a PE ratio of 47.27. The business has a fifty day moving average of $41.66 and a 200-day moving average of $42.92. Miami International Holdings, Inc. has a 52 week low of $28.63 and a 52 week high of $57.14.

Miami International (NYSE:MIAX - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.48 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.07. The business had revenue of $387.63 million for the quarter. During the same quarter in the prior year, the business earned $0.48 EPS. The company's revenue for the quarter was up 34.8% compared to the same quarter last year. As a group, research analysts predict that Miami International Holdings, Inc. will post 1.59 EPS for the current year.

Key Headlines Impacting Miami International

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

• Positive Sentiment: Miami International reported record second-quarter net revenue of $141 million, up 35% year over year. Adjusted diluted EPS of $0.48 exceeded consensus by $0.07, while adjusted EBITDA increased 57% to $77 million and the adjusted EBITDA margin expanded to 54%. The company also updated its full-year 2026 expense guidance. Miami International Holdings Reports Second Quarter 2026 Results
• Positive Sentiment: July trading data showed continued volume momentum: multi-listed options average daily volume increased 26.3% year to date across the MIAX Exchange Group, supporting expectations for further transaction-based revenue growth. Miami International Holdings Reports July 2026 Trading Results
• Positive Sentiment: Rosenblatt Securities raised its MIAX price target from $61 to $62 and maintained a “Buy” rating, implying substantial upside from the level cited in the report. Rosenblatt Securities price-target upgrade
• Neutral Sentiment: The Q2 earnings call transcript provides additional management commentary on growth, trading trends, profitability and the updated expense outlook. MIAX Q2 2026 Earnings Call Transcript
• Negative Sentiment: Six company insiders collectively sold 127,508 shares for approximately $5.83 million, including four executive vice presidents and two directors. The sales reduced their individual holdings by roughly 0.7% to 20.4%; because all were conducted under 10b5-1 plans, they are less conclusive as a signal of management’s outlook. MIAX insider transaction filing

Wall Street Analysts Forecast Growth

MIAX has been the subject of several research reports. Keefe, Bruyette & Woods increased their price target on Miami International from $40.00 to $48.00 and gave the stock a "market perform" rating in a research note on Friday, May 8th. Morgan Stanley upped their price objective on shares of Miami International from $50.00 to $53.00 and gave the company an "overweight" rating in a report on Friday, July 10th. 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. Rosenblatt Securities boosted their price target on shares of Miami International from $61.00 to $62.00 and gave the company a "buy" rating in a research report on Thursday. Finally, Wall Street Zen cut shares of Miami International from a "buy" rating to a "hold" rating in a research note on Sunday, May 17th. Four research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat, Miami International currently has an average rating of "Hold" and an average target price of $52.00.

Institutional Investors Weigh In On Miami International

A number of hedge funds have recently added to or reduced their stakes in the business. State of Wyoming acquired a new position in shares of Miami International in the fourth quarter worth $26,000. National Bank of Canada FI purchased a new position in Miami International in the third quarter valued at $29,000. Comerica Bank grew its stake in Miami International by 295.6% during the 4th quarter. Comerica Bank now owns 1,254 shares of the company's stock worth $56,000 after purchasing an additional 937 shares in the last quarter. Fifth Third Bancorp acquired a new position in Miami International during the 1st quarter worth $61,000. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in Miami International during the 4th quarter worth about $66,000.

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.

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.

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