Edward Deitzel Sells 4,763 Shares of Miami International (NYSE:MIAX) Stock

Key Points

  • EVP Edward Deitzel sold 7,572 shares of MIAX on April 8 at an average price of $42.02 for ~$318,175, leaving him with 116,221 shares (a 6.12% reduction); the transaction was executed under a pre-arranged Rule 10b5-1 plan.
  • Multiple sizeable insider sales (including Deitzel and another EVP) occurred April 6–8, which could create short-term downward pressure despite being pre-planned trades under 10b5-1 arrangements.
  • Miami International recently reported an earnings beat (EPS $0.52 vs $0.41) and 14% revenue growth, but analyst sentiment is mixed with a consensus "Hold" rating and $47.20 target while large institutions (e.g., T. Rowe, Vanguard, Invesco) materially increased holdings.

Miami International Holdings, Inc. (NYSE:MIAX - Get Free Report) EVP Edward Deitzel sold 4,763 shares of the firm's stock in a transaction 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 owned 116,221 shares in the company, valued at $4,881,282. This represents a 3.94% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 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 Trading Down 2.3%

Miami International stock opened at $41.25 on Friday. The company has a market capitalization of $3.78 billion and a P/E ratio of 76.39. The firm's fifty day simple moving average is $40.50 and its 200-day simple moving average is $42.78. Miami International Holdings, Inc. has a 1-year low of $28.63 and a 1-year high of $51.38.

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

Institutional Inflows and Outflows




Institutional investors and hedge funds have recently made changes to their positions in the stock. State of Wyoming bought a new position in shares of Miami International during the 4th quarter worth about $26,000. National Bank of Canada FI bought a new position in shares of Miami International during the 3rd quarter worth about $29,000. Comerica Bank increased its holdings in shares of 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 during the period. Caitong International Asset Management Co. Ltd bought a new position in shares of Miami International during the 4th quarter worth about $66,000. Finally, Emerald Mutual Fund Advisers Trust bought a new position in shares of Miami International during the 3rd quarter worth about $101,000.

Miami International News Summary

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

  • Positive Sentiment: Rosenblatt Securities reiterated a Buy rating and kept a $59 price target, a bullish signal that supports upside versus the street consensus and may attract investors who follow growth-oriented research. Rosenblatt Reaffirms Buy
  • Neutral Sentiment: Miami International announced the passing of board member Murray Stahl. This is likely a governance/operational development rather than a direct business impact, though it creates a short-term vacancy on the board. Company Announcement
  • Negative Sentiment: Multiple sizeable insider sales by EVPs (Shelly Brown and Edward Deitzel) occurred April 6–8, totaling tens of thousands of shares across several filings. While these were executed under pre-arranged Rule 10b5-1 plans (which reduces the implication of opportunistic timing), the volume and frequency can create downward pressure or investor concern in the near term. Shelly Brown SEC Filing Edward Deitzel SEC Filing
  • Negative Sentiment: Keefe, Bruyette & Woods initiated coverage with a Market Perform rating and a $40 price target (below current levels), which can weigh on sentiment among investors seeking analyst-driven momentum. KBW Coverage

Analyst Upgrades and Downgrades

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

Get Our Latest Report on MIAX

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 InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at Miami International?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Miami International and related companies.
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles