David Brown Purchases Shares of Miami International Holdings
David Brown buys 2,267 shares of Miami International Holdings, Inc. on June 15, 2026.
Key Points
- David Brown bought 2,267 shares of Miami International Holdings (MIAX) on June 15, 2026.
- Shares of MIAX traded near $40.24 with a market cap of $3.82 billion and a P/E ratio of 31.19.
- Analysts like Rosenblatt and Morgan Stanley have set price targets, maintaining 'buy' ratings.
On June 15, 2026, David Brown purchased 2,267 shares of Miami International Holdings, Inc. (NYSE: MIAX). This transaction adds to the insider activity surrounding the company, which operates various financial markets.
Insider Buying and Selling at Miami International Holdings, Inc.
David Brown was active in buying shares of Miami International Holdings, acquiring 2,267 shares on June 15, 2026. Other insiders, like Judson Gray Teekell and Kurt Eckert, also made purchases of 4,970 shares each on June 16, 2026. Meanwhile, Mark Raymond sold 16,000 shares on the same date.
Other Institutional Activity in Miami International Holdings
T. Rowe Price Investment Management, Inc. increased its holdings by 1,119,906 shares, bringing its total to over 4.15 million shares worth about $161.35 million. Horizon Kinetics Asset Management LLC boosted its stake by 1,631,751 shares, ending with approximately 3.45 million shares valued at $134.33 million. BlackRock, Inc. added 479,173 shares, resulting in a total of about 2.23 million shares worth $86.90 million. Citadel Advisors LLC saw a substantial increase, adding 988,200 shares to hold 1.61 million shares valued at $62.57 million.
Miami International Holdings Stock Snapshot
Shares of MIAX traded near $40.24. The company has a market cap of $3.82 billion and a P/E ratio of 31.19, with a forward P/E of 22.08. The stock's 52-week range is between $28.63 and $57.14. Its 50-day moving average is $46.37, and the 200-day moving average is $43.24. The company maintains a current ratio of 2.77 and a quick ratio of 2.43, with a debt-to-equity ratio of 2.13.
Analysts Set New Price Targets
On May 8, 2026, Keefe, Bruyette & Woods maintained a 'hold' rating with a $48.00 price target. JP Morgan followed suit on May 7, 2026, with a 'hold' rating and a $45.00 target. Rosenblatt, on the same day, reaffirmed their 'buy' rating, setting a target of $61.00. The consensus among analysts is a 'buy' recommendation, with a mean price target of $51.20.
About Miami International Holdings
Miami International Holdings, Inc. operates through its subsidiaries to provide a range of financial markets services. The company runs options markets like MIAX Options, MIAX Pearl, MIAX Emerald, and MIAX Sapphire, as well as equities through MIAX Pearl Equities. It also offers futures trading and clearing services through MIAX Futures and owns Dorman Trading, a futures commission merchant. Founded in 2007, the company is headquartered in Princeton, New Jersey, and led by CEO Thomas P. Gallagher.
Bottom Line
David Brown's purchase of Miami International Holdings shares adds to the insider activity, which investors often watch for signals about company prospects. MIAX's stock performance and analyst ratings provide insights into its market position. Remember, insider transactions like these are disclosed after the fact and may not reflect the insider's current holdings.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.