Tudor Investment Corp ET AL Takes $1.83 Million Position in Miami International Holdings, Inc. $MIAX

Tudor Investment Corp ET AL acquired a new position in shares of Miami International Holdings, Inc. (NYSE:MIAX) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 45,533 shares of the company’s stock, valued at approximately $1,833,000. Tudor Investment Corp ET AL owned approximately 0.06% of Miami International at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of MIAX. Vanguard Group Inc. acquired a new position in Miami International in the 3rd quarter worth about $55,660,000. Alyeska Investment Group L.P. acquired a new stake in shares of Miami International during the 3rd quarter valued at about $50,959,000. JPMorgan Chase & Co. acquired a new stake in shares of Miami International during the 3rd quarter valued at about $32,679,000. North Reef Capital Management LP bought a new stake in shares of Miami International in the 3rd quarter valued at approximately $29,221,000. Finally, Caldwell Investment Management Ltd. acquired a new position in Miami International in the third quarter worth approximately $27,056,000.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on MIAX. Zacks Research lowered shares of Miami International from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 1st. Wall Street Zen downgraded shares of Miami International from a “buy” rating to a “hold” rating in a research report on Saturday. Weiss Ratings restated a “sell (d+)” rating on shares of Miami International in a report on Monday, December 29th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $59.00 price objective on shares of Miami International in a research note on Thursday, March 5th. Four analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $48.00.

Miami International Stock Performance

Shares of NYSE MIAX opened at $37.30 on Friday. The business’s 50-day simple moving average is $40.94 and its 200-day simple moving average is $42.66. Miami International Holdings, Inc. has a 52 week low of $28.63 and a 52 week high of $51.38. The firm has a market cap of $3.42 billion and a price-to-earnings ratio of 69.06.

Miami International (NYSE:MIAX) last posted its earnings results on Wednesday, February 25th. The company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.11. The company had revenue of $369.43 million during the quarter, compared to analyst estimates of $121.13 million. The business’s quarterly revenue was up 14.0% on a year-over-year basis.

Insider Activity

In other news, EVP Shelly Brown sold 25,932 shares of the business’s stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $39.33, for a total value of $1,019,905.56. Following the completion of the sale, the executive vice president directly owned 299,197 shares in the company, valued at approximately $11,767,418.01. The trade was a 7.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Murray Stahl sold 121,054 shares of the company’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $40.92, for a total transaction of $4,953,529.68. Following the sale, the director directly owned 4,689,466 shares of the company’s stock, valued at approximately $191,892,948.72. This represents a 2.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 232,903 shares of company stock worth $9,359,718.

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.