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Miami International (NYSE:MIAX) EVP Sells $200,046.00 in Stock

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Key Points

  • EVP Edward Deitzel sold 4,763 shares on April 7 at $42 for $200,046 and an additional 7,572 shares on April 8 at $42.02 for $318,175.44 — a total of 12,335 shares and $518,221.44; the April 7 sale was disclosed in an SEC filing and executed under a pre‑arranged Rule 10b5‑1 plan, leaving him with 116,221 shares (valued at about $4.88M) after that trade.
  • Although the trades were pre‑planned, visible insider selling (including other recent EVP sales) can weigh on near‑term investor sentiment.
  • MIAX recently traded at $41.25, has a market cap of $3.78B and a P/E of 76.39, and carries a consensus analyst rating of Hold with an average price target of $47.20 (analyst views range from Rosenblatt's $59 buy to Keefe, Bruyette & Woods' $40 market‑perform).
  • Five stocks we like better than Miami International.

Miami International Holdings, Inc. (NYSE:MIAX - Get Free Report) EVP Edward Deitzel sold 4,763 shares of the business's stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $42.00, for a total transaction of $200,046.00. Following the transaction, the executive vice president directly owned 116,221 shares in the company, valued at $4,881,282. The trade was a 3.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Edward Deitzel also recently made the following trade(s):

  • On Wednesday, April 8th, Edward Deitzel sold 7,572 shares of Miami International stock. The shares were sold at an average price of $42.02, for a total transaction of $318,175.44.

Miami International Price Performance

MIAX traded down $0.97 on Thursday, reaching $41.25. 1,091,065 shares of the company traded hands, compared to its average volume of 1,352,613. The stock's 50 day moving average price is $40.50 and its 200-day moving average price is $42.79. Miami International Holdings, Inc. has a 52-week low of $28.63 and a 52-week high of $51.38. The company has a market cap of $3.78 billion and a price-to-earnings ratio of 76.39.

Miami International (NYSE:MIAX - Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.52 EPS for the quarter, beating analysts' consensus estimates of $0.41 by $0.11. The company had revenue of $369.43 million for the quarter, compared to analysts' expectations of $121.13 million. The firm's revenue was up 14.0% compared to the same quarter last year.

Trending Headlines about Miami International

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

  • Positive Sentiment: Rosenblatt Securities reiterated a "Buy" rating and set a $59 price target, providing a clear upside thesis versus the current market level and supporting investor confidence. Read More.
  • Neutral Sentiment: Miami International announced the passing of board member Murray Stahl; the company praised his contributions. This is primarily a governance update — likely neutral for fundamentals unless it triggers broader board changes. Read More.
  • Negative Sentiment: Executive insider selling: EVP Shelly Brown sold modest blocks of shares across April 6–7 under a pre-arranged Rule 10b5-1 plan (multiple filings), reducing her stake by small percentages. While the sales are routine and pre-planned, visible insider selling can weigh on sentiment in the near term. Read More.
  • Negative Sentiment: Keefe, Bruyette & Woods initiated coverage with a "Market Perform" rating and a $40 price target, which implies downside from recent levels and may pressure sentiment among more cautious investors. Read More.

Wall Street Analyst Weigh In

Several analysts have commented on MIAX shares. Rosenblatt Securities reissued a "buy" rating and issued a $59.00 target price on shares of Miami International in a research report on Tuesday. Weiss Ratings reissued a "sell (d+)" rating on shares of Miami International in a research report on Friday, March 27th. Keefe, Bruyette & Woods started coverage on shares of Miami International in a research report on Wednesday. They issued a "market perform" rating and a $40.00 target price for the company. Zacks Research downgraded shares of Miami International from a "strong-buy" rating to a "hold" rating in a research report on Thursday, January 1st. Finally, Wall Street Zen downgraded shares of Miami International from a "buy" rating to a "hold" rating in a research report on Saturday, March 28th. Four analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Miami International presently has a consensus rating of "Hold" and an average price target of $47.20.

Read Our Latest Analysis on Miami International

Institutional Trading of Miami International

Several large investors have recently modified their holdings of the company. T. Rowe Price Investment Management Inc. boosted its holdings in shares of Miami International by 24.5% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 3,025,712 shares of the company's stock worth $134,282,000 after buying an additional 595,096 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Miami International by 39.5% during the 4th quarter. Vanguard Group Inc. now owns 1,928,286 shares of the company's stock worth $85,577,000 after buying an additional 545,770 shares during the period. Horizon Kinetics Asset Management LLC boosted its holdings in shares of Miami International by 31.6% during the 4th quarter. Horizon Kinetics Asset Management LLC now owns 1,819,798 shares of the company's stock worth $80,763,000 after buying an additional 437,395 shares during the period. Alyeska Investment Group L.P. boosted its holdings 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 buying an additional 20,350 shares during the period. Finally, Invesco Ltd. boosted its holdings in shares of Miami International by 178.8% during the 4th quarter. Invesco Ltd. now owns 1,278,966 shares of the company's stock worth $56,761,000 after buying an additional 820,246 shares during the period.

About Miami International

(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.

Further Reading

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

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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