Miami International (NYSE:MIAX) EVP Douglas Schafer, Jr. Sells 8,000 Shares of Company Stock

November 6, 2026 by InsiderTrades.com

Key Points

EVP Douglas Schafer sold 40,000 shares for about $1.36 million at an average $34.07, under a pre-arranged Rule 10b5-1 plan. He retained 387,414 shares after the sale.
Miami International reported quarterly EPS of $0.45, beating the $0.36 consensus, while revenue rose 243.6% year over year to $376.18 million.
Analysts’ consensus rating is Hold, with an average price target of $49; the stock was trading below that level in the article.

Miami International Holdings, Inc. (NYSE:MIAX - Get Free Report) EVP Douglas Schafer, Jr. sold 8,000 shares of the company's stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $35.00, for a total transaction of $280,000.00. Following the sale, the executive vice president directly owned 387,414 shares in the company, valued at $13,559,490. This trade represents a 2.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Miami International Price Performance

NYSE MIAX opened at $34.51 on Friday. The company's 50 day simple moving average is $35.76 and its two-hundred day simple moving average is $41.15. Miami International Holdings, Inc. has a 1 year low of $29.06 and a 1 year high of $57.14. The stock has a market capitalization of $3.45 billion, a PE ratio of 12.78 and a beta of 1.73.

Miami International (NYSE:MIAX - Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The company reported $0.45 EPS for the quarter, beating analysts' consensus estimates of $0.36 by $0.09. The firm had revenue of $376.18 million during the quarter. Miami International had a net margin of 19.75% and a return on equity of 19.06%. The firm's revenue for the quarter was up 243.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.42 earnings per share. On average, research analysts anticipate that Miami International Holdings, Inc. will post 1.76 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Zacks Research lowered Miami International from a "strong-buy" rating to a "hold" rating in a research note on Monday, October 26th. Weiss Ratings lowered Miami International from a "hold (c)" rating to a "hold (c-)" rating in a research note on Wednesday, October 28th. Rosenblatt Securities decreased their target price on Miami International from $62.00 to $60.00 and set a "buy" rating on the stock in a research note on Tuesday, October 27th. Keefe, Bruyette & Woods raised their price target on Miami International from $46.00 to $48.00 and gave the company a "market perform" rating in a report on Friday, August 7th. Finally, Morgan Stanley dropped their price target on Miami International from $50.00 to $43.00 and set an "equal weight" rating for the company in a research report on Friday, October 9th. One analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $49.00.

View Our Latest Stock Analysis on Miami International

Key Stories Impacting Miami International

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

Positive Sentiment: Options trading activity is growing: The MIAX Exchange Group reported a 16.6% year-to-date increase in average daily volume for multi-list options through October 2026. Rising trading activity may support exchange transaction revenue and indicate business growth. Miami International Holdings October trading results
Neutral Sentiment: Potential product expansion: MIAX filed to offer binary index and KPI options. The proposal could broaden its product lineup, although the filing alone does not establish when or whether these products will launch. MIAX files to offer binary index and KPI options
Negative Sentiment: Executives reported sizable stock sales: EVP Douglas Schafer sold 48,000 shares across Nov. 3–4, and EVP Barbara Comly sold 79,361 shares across Nov. 2 and 4. The sales can raise investor concern about insider sentiment, though both were made under pre-arranged Rule 10b5-1 plans and the executives retained substantial holdings. Schafer SEC filing Comly SEC filing

Hedge Funds Weigh In On Miami International

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Atlas Wealth Partners LLC increased its holdings in shares of Miami International by 1.7% in the 3rd quarter. Atlas Wealth Partners LLC now owns 39,190 shares of the company's stock worth $1,313,000 after buying an additional 660 shares during the last quarter. Nisa Investment Advisors LLC lifted its holdings in shares of Miami International by 42.3% during the 3rd quarter. Nisa Investment Advisors LLC now owns 2,641 shares of the company's stock worth $88,000 after acquiring an additional 785 shares during the last quarter. SG Americas Securities LLC lifted its holdings in shares of Miami International by 48.9% during the 1st quarter. SG Americas Securities LLC now owns 3,537 shares of the company's stock worth $138,000 after acquiring an additional 1,162 shares during the last quarter. Fifth Third Bancorp grew its position in Miami International by 98.0% in the third quarter. Fifth Third Bancorp now owns 2,530 shares of the company's stock worth $85,000 after acquiring an additional 1,252 shares in the last quarter. Finally, State of Wyoming grew its position in Miami International by 15.5% in the third quarter. State of Wyoming now owns 10,755 shares of the company's stock worth $360,000 after acquiring an additional 1,442 shares in the last quarter.

About Miami International

(Get Free Report)

Miami International Holdings, Inc (NYSE: MIAX) is a financial exchange operator that owns and manages regulated marketplaces for the trading of options and other securities. Through its exchange platforms, the company provides electronic trading, order matching, market data and related services to brokers, market makers, institutional investors and other market participants.

The company operates the MIAX exchange family, which includes MIAX, MIAX Pearl and MIAX Emerald, as well as related equities and options trading venues.