MIAX
Miami International Holdings, Inc.
NYSEUSDEQUITY
Financial Services
DELAYED
Last price
42.59
▲ 1.27 (3.07%)
MARKET · —
Price
Open
41.30
Prev close
41.32
Day high
43.55
Day low
41.42
Volume
954.00K
Market cap
$4.23B
P/E (TTM)
29.58
52W range
32.20 – 57.14
Trailing performance
Returnvs SPY
1W
-2.14%
-0.8%
1M
+2.21%
-1.5%
3M
-17.20%
-20.3%
6M
+5.08%
-6.0%
YTD
-4.03%
-16.3%
1Y
+29.97%
+10.0%
3Y
—
-74.2%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$4.23B
Enterprise value$3.55B
Revenue (TTM)$1.47B
Gross profit$503.69M
EBITDA$227.65M
Net income$142.30M
EPS (TTM)$1.44
Free cash flow$207.43M
Total cash$701.66M
Total debt$23.14M
Book value / share$11.67
Shares outstanding99.23M
Float93.27M
Short % of float7.89%
Dividend yield—
Beta (5Y)—
Valuation & profitability ratios
Trailing P/E29.58
Forward P/E22.08
PEG ratio—
Price / sales—
Price / book3.65
EV / revenue2.42
EV / EBITDA15.58
Gross margin34.35%
Operating margin23.43%
Profit margin9.70%
Return on equity18.14%
Return on assets9.27%
Debt / equity2.01
Current ratio2.61
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 |
|---|---|---|
| Total revenue | $430.53M | $0 |
| Cost of revenue | $0 | $0 |
| Gross profit | $0 | $0 |
| R&D | — | — |
| SG&A | — | — |
| Operating income | — | — |
| Pre-tax income | — | — |
| Tax provision | $0 | $0 |
| Net income | -$70.03M | $102.12M |
| EBIT | $0 | $0 |
| Line item | 2025 | 2024 |
|---|---|---|
| Cash & equivalents | — | — |
| Short-term investments | — | — |
| Net receivables | — | — |
| Inventory | — | — |
| Total current assets | — | — |
| Total assets | — | — |
| Total current liabilities | — | — |
| Long-term debt | — | — |
| Total liabilities | — | — |
| Retained earnings | — | — |
| Shareholder equity | — | — |
| Line item | 2025 | 2024 |
|---|---|---|
| Net income | -$70.03M | $102.12M |
| Depreciation | — | — |
| Change in working capital | — | — |
| Operating cash flow | — | — |
| Capital expenditure | — | — |
| Investing cash flow | — | — |
| Dividends paid | — | — |
| Buybacks | — | — |
| Financing cash flow | — | — |
| Net change in cash | — | — |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.41 | 0.48 | +17.6% |
| Mar 2026 | 0.37 | 0.42 | +14.8% |
| Dec 2025 | 0.41 | 0.52 | +27.6% |
| Sep 2025 | 0.30 | 0.42 | +39.5% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.41 | 7 | $135.80M | +24.0% |
| Next quarter | 0.42 | 7 | $138.63M | +11.4% |
| Current year | 1.72 | 7 | $544.98M | +26.6% |
| Next year | 1.93 | 7 | $598.02M | +9.7% |
Analyst targets & ownership
Mean target$52.00
High target$62.00
Low target$45.00
Implied upside22.09%
Analyst count5
ConsensusBUY
Strong buy / Buy2 / 2
Hold3
Sell / Strong sell0 / 0
Held by insiders9.66%
Held by institutions73.90%
Institutions holding281
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
+527.68K
Net buying
Buy transactions
72
2.07M shares
Sell transactions
52
1.54M shares
Net transactions
+124
Buys less sells
Sell : buy shares
0.7 : 1
Mixed
Insider-held shares
9.58M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 17, 26 | SCHWARZKOPF CYNTHIA Director |
CONVERSION | 5.00K | $60.00K | Direct |
| Aug 17, 26 | EMMONS LANCE Chief Financial Officer |
SELL | 35.00K | $1.50M | Direct |
| Aug 17, 26 | SCHWARZKOPF CYNTHIA Director |
SELL | 5.00K | $214.25K | Direct |
| Aug 4, 26 | DEITZEL EDWARD Officer |
CONVERSION | 11.00K | $132.00K | Direct |
| Aug 4, 26 | SCHAFER DOUGLAS M. JR. Chief Technology Officer |
CONVERSION | 48.00K | $576.00K | Direct |
| Aug 4, 26 | ECKERT KURT M. Director |
CONVERSION | 1.06K | $12.76K | Direct |
| Aug 4, 26 | JAYABALAN HARISH Officer |
CONVERSION | 20.00K | $258.78K | Direct |
| Aug 4, 26 | GALLAGHER THOMAS P. Chief Executive Officer |
CONVERSION | 48.33K | $580.01K | Indirect |
| Aug 4, 26 | COMLY BARBARA J. General Counsel |
CONVERSION | 44.45K | $533.34K | Direct |
| Aug 4, 26 | DEITZEL EDWARD Officer |
SELL | 11.00K | $503.58K | Direct |
| Aug 4, 26 | SCHAFER DOUGLAS M. JR. Chief Technology Officer |
SELL | 48.00K | $2.19M | Direct |
| Aug 4, 26 | ECKERT KURT M. Director |
SELL | 1.06K | $48.69K | Direct |
| Aug 4, 26 | JAYABALAN HARISH Officer |
SELL | 20.00K | $918.00K | Direct |
| Aug 4, 26 | GALLAGHER THOMAS P. Chief Executive Officer |
SELL | 48.33K | $2.21M | Indirect |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BROWN SHELLY |
Officer | 353.99K | Conversion of Exercise of derivative security |
COMLY BARBARA J. |
General Counsel | 882.98K | Conversion of Exercise of derivative security |
DEITZEL EDWARD |
Officer | 119.60K | Conversion of Exercise of derivative security |
ECKERT KURT M. |
Director | 149.61K | Conversion of Exercise of derivative security |
EMMONS LANCE |
Chief Financial Officer | 86.54K | Sale |
GALLAGHER THOMAS P. |
Chief Executive Officer | — | Conversion of Exercise of derivative security |
SCHAFER DOUGLAS M. JR. |
Chief Technology Officer | 387.41K | Conversion of Exercise of derivative security |
SCHWARZKOPF CYNTHIA |
Director | 88.55K | Conversion of Exercise of derivative security |
SMOLLEN JOHN |
Officer | 178.21K | Stock Award(Grant) |
STAHL MURRAY |
Director | — | Purchase |
Moving averages & technicals
SMA 10
42.56
+0.06% from price
SMA 20
44.13
-3.48% from price
SMA 50
41.98
+1.45% from price
SMA 100
44.09
-3.39% from price
SMA 200
43.53
-2.16% from price
EMA 12
42.76
-0.41% from price
EMA 26
43.08
-1.15% from price
EMA 50
43.13
-1.26% from price
RSI (14)
47.8
Neutral
MACD (12,26,9)
-0.32
Hist -0.41
ATR (14)
2.10
4.93% of price
Realised vol 30D
34.7%
Annualised
Bollinger upper
47.89
20, 2σ
Bollinger lower
40.36
20, 2σ
50 / 200 cross
Death
41.98 vs 43.53
Trend bias
Below 200
-2.16%
Risk profile
Beta vs SPY
0.60
Less volatile than market
Correlation to SPY
0.19
Largely independent
Realised vol 30D
34.7%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-37.0%
Peak to trough
Max drawdown 5Y
-37.0%
Peak to trough
ATR 14
2.10
4.93% of price
Beta (reported)
—
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
5.71
Put-heavy session
Put / call open interest
0.37
Positioning, not flow
Max pain
45.00
+5.7% from spot
ATM implied vol
52.2%
Nearest strike to spot
Skew (10% OTM)
-2.5%
Calls bid over puts
Call volume
24
Contracts, this expiry
Put volume
137
Contracts, this expiry
Heaviest call OI
50.00
155 contracts
Heaviest put OI
35.00
54 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Headlines
Miami International Holdings Insider Sold Shares Worth $1,499,050, According to a Recent SEC Filing
MT Newswires · 3d ago
TISE Reports H1 2026 Listing Results; Sets Records for Total Number and Value of Listings
PR Newswire · 10d ago
MIAX (MIAX) Q2 2026 Earnings Call Transcript
Motley Fool · 10d ago
Miami International Stock Is Up Big Since Its Debut. Is It a Buy as Insiders Trim?
Motley Fool · 11d ago
Is Miami International Stock a Buy as Insiders Sell? Here's What to Know
Motley Fool · 11d ago
MIAX's Revenue Jumped 35% to a Record. Here's What to Know About Its Insider Activity
Motley Fool · 11d ago
MIAX Insiders Cashed In Options the Same Day. Here's What to Make of It
Motley Fool · 11d ago
MIAX's Tech Chief Cashed In Shares. Here's What to Know
Motley Fool · 11d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.