Miami International (NYSE:MIAX) CEO Thomas Gallagher Sells 70,000 Shares of Stock

Miami International Holdings, Inc. (NYSE:MIAX) CEO Thomas Gallagher sold 70,000 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $42.36, for a total value of $2,965,200.00. Following the sale, the chief executive officer owned 1,723,275 shares in the company, valued at $72,997,929. The trade was a 3.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Miami International Stock Performance

Shares of MIAX stock opened at $39.73 on Friday. Miami International Holdings, Inc. has a fifty-two week low of $28.63 and a fifty-two week high of $57.14. The firm has a market capitalization of $3.77 billion and a price-to-earnings ratio of 41.38. The stock’s 50-day simple moving average is $45.99 and its 200-day simple moving average is $43.91.

Miami International (NYSE:MIAX) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.06. The business had revenue of $369.69 million for the quarter, compared to analysts’ expectations of $122.74 million. During the same quarter in the previous year, the firm posted $0.38 EPS. Miami International’s revenue was up 40.0% on a year-over-year basis. As a group, equities analysts forecast that Miami International Holdings, Inc. will post 1.53 earnings per share for the current year.

Institutional Investors Weigh In On Miami International

A number of large investors have recently bought and sold shares of the company. NewEdge Advisors LLC purchased a new stake in Miami International in the first quarter valued at approximately $1,519,000. Bank of America Corp DE lifted its holdings in Miami International by 196.5% in the first quarter. Bank of America Corp DE now owns 900,882 shares of the company’s stock valued at $35,062,000 after acquiring an additional 597,021 shares during the period. Royal Bank of Canada lifted its holdings in Miami International by 553.2% in the first quarter. Royal Bank of Canada now owns 10,301 shares of the company’s stock valued at $401,000 after acquiring an additional 8,724 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in Miami International by 11.6% in the first quarter. The Manufacturers Life Insurance Company now owns 163,981 shares of the company’s stock valued at $6,382,000 after acquiring an additional 17,037 shares during the period. Finally, Quantinno Capital Management LP acquired a new position in Miami International in the first quarter valued at approximately $2,160,000.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Rosenblatt Securities boosted their price target on Miami International from $59.00 to $61.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. JPMorgan Chase & Co. upped their target price on Miami International from $41.00 to $45.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Wall Street Zen lowered Miami International from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Keefe, Bruyette & Woods upped their target price on Miami International from $40.00 to $48.00 and gave the company a “market perform” rating in a research report on Friday, May 8th. Finally, Weiss Ratings upgraded Miami International from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $51.20.

Key Stories Impacting Miami International

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

• Positive Sentiment: Miami International Holdings reported May 2026 trading results showing continued growth in its exchange business, including a 23.7% increase in multi-list options average daily volume year to date, which suggests healthy activity across its market venues and could support revenue momentum. Miami International Holdings Reports May 2026 Trading Results
• Positive Sentiment: Separate coverage highlighted MIAX’s effort to grow its futures business, signaling management’s push to diversify beyond options and potentially expand long-term growth opportunities. MIAX Aims to Grow Futures Business
• Neutral Sentiment: The company’s CEO, two EVPs, and two directors disclosed multiple stock sales under pre-arranged Rule 10b5-1 plans, including a larger sale by CEO Thomas P. Gallagher. While these sales do not necessarily signal a change in fundamentals, the volume of insider selling may weigh on investor sentiment. SEC filing

About Miami International

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.