Miami International (NYSE:MIAX) EVP Douglas Schafer, Jr. Sells 48,000 Shares

Posted by Brian Himes on Jun 4th, 2026

Miami International Holdings, Inc. (NYSE:MIAX – Get Free Report) EVP Douglas Schafer, Jr. sold 48,000 shares of Miami International stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $42.84, for a total value of $2,056,320.00. Following the completion of the sale, the executive vice president directly owned 396,681 shares in the company, valued at $16,993,814.04. This represents a 10.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Miami International Stock Performance

Shares of NYSE:MIAX traded down $0.60 during trading on Thursday, reaching $39.73. The stock had a trading volume of 1,614,484 shares, compared to its average volume of 1,325,189. The business has a fifty day moving average price of $45.98 and a 200-day moving average price of $43.97. The stock has a market cap of $3.77 billion and a PE ratio of 41.38. Miami International Holdings, Inc. has a 1-year low of $28.63 and a 1-year high of $57.14.

Miami International (NYSE:MIAX – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.06. The firm had revenue of $369.69 million during the quarter, compared to analyst estimates of $122.74 million. The business’s revenue was up 40.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.38 earnings per share. Sell-side analysts expect that Miami International Holdings, Inc. will post 1.53 earnings per share for the current year.

Hedge Funds Weigh In On Miami International

A number of institutional investors have recently added to or reduced their stakes in the stock. State of Wyoming purchased a new stake in Miami International in the fourth quarter valued at $26,000. National Bank of Canada FI purchased a new stake in Miami International in the third quarter valued at $29,000. Comerica Bank raised its position in Miami International by 295.6% in the fourth quarter. Comerica Bank now owns 1,254 shares of the company’s stock valued at $56,000 after purchasing an additional 937 shares during the period. Fifth Third Bancorp purchased a new stake in Miami International in the first quarter valued at $61,000. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in Miami International in the fourth quarter valued at $66,000.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Morgan Stanley lifted their price objective on Miami International from $48.00 to $50.00 and gave the stock an “overweight” rating in a research report on Friday, April 10th. Weiss Ratings upgraded Miami International from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Wall Street Zen downgraded Miami International from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Rosenblatt Securities lifted their price objective on Miami International from $59.00 to $61.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Finally, JPMorgan Chase & Co. lifted their price objective on Miami International from $41.00 to $45.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $51.20.

Check Out Our Latest Stock Report on Miami International

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.