Key Points
- Director Murray Stahl sold 121,054 shares at an average price of $40.92 for a total of $4,953,529.68, trimming his stake by 2.52% to 4,689,466 shares (≈$191.9M).
- Strong quarterly beat: Miami International reported $0.52 EPS vs. $0.41 expected and revenue of $369.43M (vs. $121.13M est.), with revenue up 14% year-over-year.
- Mixed analyst view and valuation: The stock carries a consensus "Hold" rating with a $48 target, a market cap of $3.49B, and is trading between a 1‑year low of $28.63 and high of $51.38.
Miami International Holdings, Inc. (NYSE:MIAX - Get Free Report) Director Murray Stahl sold 121,054 shares of the company's stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $40.92, for a total transaction of $4,953,529.68. Following the completion of the sale, the director owned 4,689,466 shares of the company's stock, valued at approximately $191,892,948.72. This represents a 2.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Miami International Trading Up 1.9%
MIAX stock opened at $42.85 on Thursday. Miami International Holdings, Inc. has a 1-year low of $28.63 and a 1-year high of $51.38. The company has a market capitalization of $3.49 billion and a price-to-earnings ratio of 2,142.50. The business's 50-day simple moving average is $42.50.
Miami International (NYSE:MIAX - Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The company reported $0.52 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.11. The business had revenue of $369.43 million for the quarter, compared to analyst estimates of $121.13 million. The firm's quarterly revenue was up 14.0% compared to the same quarter last year.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on the stock. Keefe, Bruyette & Woods upped their price target on shares of Miami International from $43.00 to $44.00 and gave the company a "market perform" rating in a report on Thursday, November 6th. Rosenblatt Securities upped their target price on shares of Miami International from $55.00 to $59.00 and gave the stock a "buy" rating in a research note on Thursday, February 26th. Weiss Ratings reiterated a "sell (d+)" rating on shares of Miami International in a report on Monday, December 29th. Zacks Research downgraded Miami International from a "strong-buy" rating to a "hold" rating in a research note on Thursday, January 1st. Finally, Wall Street Zen cut Miami International from a "buy" rating to a "hold" rating in a research report on Saturday, January 17th. Four equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $48.00.
View Our Latest Report on Miami International
Hedge Funds Weigh In On Miami International
A number of large investors have recently modified their holdings of MIAX. State of Wyoming bought a new position in shares of Miami International in the 4th quarter valued at about $26,000. National Bank of Canada FI bought a new position in Miami International in the third quarter valued at approximately $29,000. Comerica Bank grew its stake in Miami International by 295.6% in the fourth quarter. Comerica Bank now owns 1,254 shares of the company's stock valued at $56,000 after purchasing an additional 937 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of Miami International during the 4th quarter worth approximately $66,000. Finally, Emerald Mutual Fund Advisers Trust bought a new stake in shares of Miami International during the 3rd quarter worth approximately $101,000.
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.
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