Miami International (NYSE:MIAX) Price Target Raised to $45.00 at JPMorgan Chase & Co.

Miami International (NYSE:MIAX) had its price target increased by JPMorgan Chase & Co. from $41.00 to $45.00 in a research report released on Thursday,Benzinga reports. The brokerage currently has a neutral rating on the stock.

MIAX has been the topic of a number of other research reports. Wall Street Zen lowered Miami International from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. Zacks Research raised Miami International from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 15th. Weiss Ratings reissued a “sell (d+)” rating on shares of Miami International in a research report on Friday, March 27th. Morgan Stanley upped their price objective on shares of Miami International from $48.00 to $50.00 and gave the company an “overweight” rating in a report on Friday, April 10th. Finally, Keefe, Bruyette & Woods started coverage on shares of Miami International in a research report on Wednesday, April 8th. They set a “market perform” rating and a $40.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $51.20.

Miami International Trading Up 4.3%

MIAX stock traded up $2.13 during mid-day trading on Thursday, reaching $51.90. The company’s stock had a trading volume of 915,916 shares, compared to its average volume of 1,277,839. The company’s 50 day moving average is $42.13 and its two-hundred day moving average is $43.25. Miami International has a fifty-two week low of $28.63 and a fifty-two week high of $51.97. The stock has a market cap of $4.92 billion and a PE ratio of 95.92.

Miami International (NYSE:MIAX) last issued its earnings results on Wednesday, May 6th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.06. The company had revenue of $369.69 million for the quarter, compared to analyst estimates of $122.74 million. During the same quarter in the prior year, the firm earned $0.38 earnings per share. The company’s revenue for the quarter was up 40.0% on a year-over-year basis. On average, analysts forecast that Miami International will post 1.45 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Thomas P. Gallagher sold 174,125 shares of the company’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $43.36, for a total value of $7,550,060.00. Following the transaction, the chief executive officer owned 1,723,275 shares of the company’s stock, valued at $74,721,204. This represents a 9.18% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Kurt M. Eckert sold 37,917 shares of the company’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $39.00, for a total value of $1,478,763.00. Following the completion of the transaction, the director directly owned 142,375 shares in the company, valued at approximately $5,552,625. This trade represents a 21.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 687,175 shares of company stock worth $29,675,666.

Hedge Funds Weigh In On Miami International

Several large investors have recently modified their holdings of MIAX. Caldwell Investment Management Ltd. acquired a new position in shares of Miami International in the 3rd quarter valued at $27,056,000. Emerald Mutual Fund Advisers Trust acquired a new position in shares of Miami International in the 3rd quarter valued at $101,000. Atlas Wealth Partners LLC acquired a new position in shares of Miami International in the 3rd quarter valued at $881,000. Federated Hermes Inc. acquired a new position in shares of Miami International in the 3rd quarter valued at $10,065,000. Finally, Coastal Bridge Advisors LLC acquired a new position in shares of Miami International in the 3rd quarter valued at $3,083,000.

Key Miami International News

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

• Positive Sentiment: Q1 results beat expectations — adjusted EPS $0.42 vs. $0.36 consensus, net revenue up ~40% year-over-year, adjusted EBITDA up 66% with a 51% margin, and management reaffirmed full‑year expense guidance. These fundamentals are a primary driver of the rally. PR Newswire Q1 Release
• Positive Sentiment: Trading momentum: MIAX reported a 23.9% increase in multi‑listed options ADV YTD in April, supporting revenue growth and market-share gains. April Trading Results
• Positive Sentiment: Rosenblatt raised its price target to $61 and maintains a Buy rating, signaling analyst confidence and implying meaningful upside versus the prior price level. Rosenblatt PT to $61
• Neutral Sentiment: Full Q1 earnings transcript and call are available for deeper diligence — useful for verifying drivers behind revenue and margin beats. Earnings Transcript
• Neutral Sentiment: Analyst adjustments are mixed: JPMorgan bumped its target to $45 with a Neutral rating, and Keefe, Bruyette & Woods raised its target to $48 with Market Perform — both targets still sit below the current market level, reflecting cautious near‑term sentiment. Benzinga Coverage
• Negative Sentiment: Insider selling: filings show Thomas Gallagher sold 54,229 shares and Douglas Schafer Jr. sold 48,000 shares recently, which can be interpreted as a negative signal by some investors. Insider Sale – Gallagher
• Negative Sentiment: Valuation looks rich: MIAX carries a high P/E (~96 reported) after the move higher, and several analyst targets remain below today’s price — leaving limited margin of safety for some investors. (See analyst notes above.)

Miami International Company Profile

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.