Miami International (NYSE:MIAX) EVP Harish Jayabalan Sells 20,000 Shares of Stock

Miami International Holdings, Inc. (NYSE:MIAXGet Free Report) EVP Harish Jayabalan sold 20,000 shares of the stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $45.90, for a total value of $918,000.00. Following the sale, the executive vice president directly owned 78,065 shares in the company, valued at approximately $3,583,183.50. The trade was a 20.39% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Harish Jayabalan also recently made the following trade(s):

  • On Monday, July 6th, Harish Jayabalan sold 20,000 shares of Miami International stock. The shares were sold at an average price of $42.12, for a total transaction of $842,400.00.
  • On Monday, June 8th, Harish Jayabalan sold 10,217 shares of Miami International stock. The shares were sold at an average price of $40.12, for a total transaction of $409,906.04.
  • On Tuesday, June 9th, Harish Jayabalan sold 9,783 shares of Miami International stock. The shares were sold at an average price of $40.04, for a total transaction of $391,711.32.

Miami International Price Performance

Miami International stock opened at $45.38 on Friday. The stock has a market capitalization of $4.31 billion and a P/E ratio of 58.94. Miami International Holdings, Inc. has a 12-month low of $28.63 and a 12-month high of $57.14. The firm’s 50-day moving average is $41.61 and its two-hundred day moving average is $42.93.

Miami International (NYSE:MIAXGet Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.07. The business had revenue of $387.63 million during the quarter. Miami International had a net margin of 9.70% and a return on equity of 17.98%. The business’s quarterly revenue was up 34.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.48 EPS. As a group, analysts forecast that Miami International Holdings, Inc. will post 1.59 EPS for the current year.

Hedge Funds Weigh In On Miami International

Institutional investors and hedge funds have recently bought and sold shares of the stock. State of Wyoming acquired a new position in shares of Miami International in the 4th quarter valued at $26,000. National Bank of Canada FI purchased a new stake in shares of Miami International during the 3rd quarter valued at $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 buying an additional 937 shares during the last quarter. Fifth Third Bancorp purchased a new position in shares of Miami International in the 1st quarter worth $61,000. Finally, Caitong International Asset Management Co. Ltd purchased a new position in shares of Miami International in the 4th quarter worth $66,000.

Wall Street Analyst Weigh In

Several research analysts have weighed in on MIAX shares. Wall Street Zen downgraded Miami International from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Zacks Research downgraded Miami International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 23rd. Morgan Stanley upped their target price on Miami International from $50.00 to $53.00 and gave the company an “overweight” rating in a research note on Friday, July 10th. JPMorgan Chase & Co. increased their target price on Miami International from $41.00 to $45.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Finally, Rosenblatt Securities raised their price target on Miami International from $61.00 to $62.00 and gave the stock a “buy” rating in a research note on Thursday. Four analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Miami International currently has a consensus rating of “Hold” and a consensus target price of $52.00.

Check Out Our Latest Report on Miami International

Key Headlines Impacting Miami International

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

  • Positive Sentiment: Miami International reported record second-quarter net revenue of $141 million, up 35% year over year. Adjusted diluted EPS was $0.48, above the $0.41 consensus estimate, while adjusted EBITDA rose 57% to $77 million and the margin expanded to 54%. The company also updated its full-year 2026 expense guidance. Miami International Holdings Reports Second Quarter 2026 Results
  • Positive Sentiment: July trading data showed continued volume momentum: multi-list options average daily volume increased 26.3% year to date, supporting expectations for further transaction-based revenue growth. Miami International Holdings Reports July 2026 Trading Results
  • Positive Sentiment: Rosenblatt Securities raised its price target to $62 from $61 and reaffirmed a “buy” rating, implying substantial upside from the referenced share price. Rosenblatt Securities price-target update
  • Positive Sentiment: An earnings-call transcript and a separate analyst upgrade highlighted that MIAX’s growth trajectory remains strong, reinforcing the bullish interpretation of its second-quarter performance. Q2 2026 Earnings Call Transcript Miami International Growth Upgrade
  • Negative Sentiment: Multiple executives and directors disclosed sales totaling about 127,500 shares, worth roughly $5.8 million. Although all trades were made under pre-arranged Rule 10b5-1 plans and the insiders retain sizable positions, the cluster of sales may weigh on sentiment and suggest profit-taking after the stock’s recent advance. SEC insider-trading filing

Miami International Company Profile

(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.

See Also

Insider Buying and Selling by Quarter for Miami International (NYSE:MIAX)

Receive News & Ratings for Miami International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Miami International and related companies with MarketBeat.com's FREE daily email newsletter.