Miami International Holdings, Inc. (MIAX)
Princeton, NJ, US
Miami International Holdings, Inc. (MIAX) is a financial services corporation that operates diverse marketplaces through its various subsidiaries, facilitating trading across options, futures, and cash equities. Its extensive options suite encompasses MIAX Options, MIAX Pearl, MIAX Emerald, and MIAX Sapphire. For U.S. equities, it provides MIAX Pearl Equities. The company's offerings extend to U.S. futures and their corresponding options traded on MIAX Futures, a platform that also facilitates transactions in hard red spring wheat products. Furthermore, MIAX supports international listings via BSX and TISE. Beyond market operation, MIAX also delivers essential post-trade services. This includes comprehensive clearing for U.S. futures and options through MIAX Futures Clearing, alongside its ownership of Dorman Trading. Dorman Trading, a full-service futures commission merchant, provides execution and clearing services for a broad client base, including introducing brokers, retail investors, institutional firms, and professional traders. Established in 2007, Miami International Holdings, Inc. maintains its headquarters in Princeton, New Jersey.
Based on only 2 articles — low confidence
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.54% | +5.05% | +22.34% | +24.51% | +7.90% | +18.23% | +70.69% | +70.69% | +70.69% | +70.69% | +70.69% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 2 | 0 |
| Buy | 2 | 0 |
| Hold | 3 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
| Period | # Analysts | Avg Target |
|---|---|---|
| Last Month | — | — |
| Last Quarter | 1 |
50.00
+18.6%
|
| Last Year | 5 |
48.60
+15.3%
|
| All Time | 5 |
48.60
+15.3%
|
-
Revenue growth Financial - Capital Markets: +19.7%+19.7% Q1'26: +13.0% (vs Q1'25)
-
EPS growth Financial - Capital Markets: +35.3%-177.5% Q1'26: +1,003.7% (vs Q1'25)
-
FCF margin FCF growth · Financial - Capital Markets: +29.5%-6.9% Q1'26: +13.3% (vs Q1'25)
-
EBIT margin Financial - Capital Markets: +33.5%-4.1% Q1'26: +27.1% (vs Q1'25)
-
ROIC Financial - Capital Markets: +4.0%-14.9% Q1'26: +94.6% (vs Q1'25)
-
Share dilution Financial - Capital Markets: +0.0%-12.1% ★ Q1'26: -10.6% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Financial - Capital Markets: -0.30×-0.06× Q1'26: 0.00× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 6 Rev. Ana. 4 EPS Ana. |
Dec 2027 6 Rev. Ana. 5 EPS Ana. |
Dec 2028 3 Rev. Ana. 1 EPS Ana. |
Dec 2029 2 Rev. Ana. 1 EPS Ana. |
Dec 2030 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|
| Revenue |
1.14B
est: 1.26B (-9.2%)
|
1.36B
est: 427.25M (+219.3%)
|
524.15M
511.88M – 547.17M
+22.7% YoY
|
588.56M
555.52M – 621.33M
+12.3% YoY
|
604.71M
604.65M – 604.76M
+2.7% YoY
|
616.00M
582.80M – 653.82M
+1.9% YoY
|
646.00M
611.18M – 685.66M
+4.9% YoY
|
| EBITDA |
142.40M
est: 43.09M (+230.5%)
|
-26.31M
est: 14.66M (-279.4%)
|
17.99M
17.57M – 18.78M
+22.7% YoY
|
20.20M
19.07M – 21.33M
+12.3% YoY
|
20.76M
20.75M – 20.76M
+2.7% YoY
|
21.14M
20.00M – 22.44M
+1.9% YoY
|
22.17M
20.98M – 23.53M
+4.9% YoY
|
| EBIT |
119.03M
est: 14.04M (+747.5%)
|
-55.69M
est: 4.78M (-1,265.2%)
|
5.86M
5.73M – 6.12M
+22.7% YoY
|
6.58M
6.21M – 6.95M
+12.3% YoY
|
6.76M
6.76M – 6.77M
+2.7% YoY
|
6.89M
6.52M – 7.31M
+1.9% YoY
|
7.23M
6.84M – 7.67M
+4.9% YoY
|
| Net Income |
102.12M
est: 1.99M (+5,033.5%)
|
-70.03M
est: 121.62M (-157.6%)
|
107.09M
100.37M – 113.80M
-11.9% YoY
|
128.24M
122.24M – 134.25M
+19.8% YoY
|
136.38M
126.21M – 146.55M
+6.3% YoY
|
142.47M
132.48M – 153.83M
+4.5% YoY
|
149.45M
138.98M – 161.38M
+4.9% YoY
|
| SGA |
225.93M
est: 183.72M (+23.0%)
|
—
est: 62.52M (-100.0%)
|
76.70M
74.91M – 80.07M
+22.7% YoY
|
86.13M
81.29M – 90.93M
+12.3% YoY
|
88.49M
88.48M – 88.50M
+2.7% YoY
|
90.15M
85.29M – 95.68M
+1.9% YoY
|
94.54M
89.44M – 100.34M
+4.9% YoY
|
| EPS |
1.29
est: 0.03 (+4,450.6%)
|
-1.00
est: 1.68 (-159.4%)
|
1.55
1.44 – 1.63
-8.0% YoY
|
1.84
1.75 – 1.92
+18.9% YoY
|
1.94
1.81 – 2.10
+5.5% YoY
|
2.04
1.90 – 2.20
+5.0% YoY
|
2.14
1.99 – 2.31
+4.9% YoY
|
| Date | Firm | Previous | New Grade | Action |
|---|---|---|---|---|
| 2026-05-08 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Maintain |
| 2026-05-07 | Rosenblatt | Buy | Buy | Maintain |
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-08 | B+ | 3/5 | 3/5 | 4/5 | 5/5 | 4/5 | 1/5 | 1/5 |
| 2026-05-07 | C | 2/5 | 3/5 | 1/5 | 1/5 | 4/5 | 1/5 | 1/5 |
| 2026-05-06 | C | 2/5 | 3/5 | 1/5 | 1/5 | 4/5 | 1/5 | 1/5 |
| 2026-05-05 | C | 2/5 | 3/5 | 1/5 | 1/5 | 4/5 | 1/5 | 1/5 |
| 2026-05-04 | C | 2/5 | 3/5 | 1/5 | 1/5 | 4/5 | 1/5 | 1/5 |
| 2026-05-01 | C | 2/5 | 3/5 | 1/5 | 1/5 | 3/5 | 1/5 | 1/5 |
| 2026-04-30 | C | 2/5 | 3/5 | 1/5 | 1/5 | 3/5 | 1/5 | 1/5 |
| 2026-04-29 | C | 2/5 | 3/5 | 1/5 | 1/5 | 3/5 | 1/5 | 1/5 |
| 2026-04-28 | C | 2/5 | 3/5 | 1/5 | 1/5 | 3/5 | 1/5 | 1/5 |
| 2026-04-27 | C | 2/5 | 3/5 | 1/5 | 1/5 | 3/5 | 1/5 | 1/5 |
| 2026-04-24 | C | 2/5 | 3/5 | 1/5 | 1/5 | 3/5 | 1/5 | 1/5 |
| 2026-04-23 | C | 2/5 | 3/5 | 1/5 | 1/5 | 3/5 | 1/5 | 1/5 |
| 2026-04-22 | C | 2/5 | 3/5 | 1/5 | 1/5 | 3/5 | 1/5 | 1/5 |
| 2026-04-21 | C | 2/5 | 3/5 | 1/5 | 1/5 | 3/5 | 1/5 | 1/5 |
| 2026-04-20 | C | 2/5 | 3/5 | 1/5 | 1/5 | 3/5 | 1/5 | 1/5 |
| 2026-04-17 | C | 2/5 | 4/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-16 | C | 2/5 | 4/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
Owner Earnings
Ownership Overview
No beneficial ownership filings recorded.
Institutional Activity (13F)
| # | Investor | Shares / Δ | Mkt value / Δ | Own% / Δ | Weight% / Δ | Avg px / Perf. | Hold / Status |
|---|---|---|---|---|---|---|---|
| 1 | T. ROWE PRICE INVESTMENT MANAGEMENT, INC. | 3.03M +595.1K (+24.5%) | 134.28M +36.4M (+37.2%) | 4.31% +0.849 pp | 0.08% +0.025 pp | USD41.07 +8.1% | 2 qtrs — |
| 2 | VANGUARD GROUP INC | 1.93M +545.8K (+39.5%) | 85.58M +29.9M (+53.7%) | 2.75% +0.778 pp | 0.00% +0.000 pp | USD41.43 +7.1% | 2 qtrs — |
| 3 | HORIZON KINETICS ASSET MANAGEMENT LLC | 1.82M +437.4K (+31.6%) | 80.76M +25.1M (+45.1%) | 2.60% +0.624 pp | 1.09% +0.414 pp | USD41.25 +7.6% | 2 qtrs — |
| 4 | BLACKROCK, INC. | 1.75M +1.0M (+147.8%) | 77.82M +49.3M (+173.1%) | 2.50% +1.491 pp | 0.00% +0.001 pp | USD42.72 +3.9% | 2 qtrs — |
| 5 | AMERICAN CENTURY COMPANIES INC | 1.45M +1.2M (+467.3%) | 64.28M +54.0M (+525.4%) | 2.07% +1.701 pp | 0.03% +0.027 pp | USD43.65 +1.7% | 2 qtrs — |
| 6 | ALYESKA INVESTMENT GROUP, L.P. | 1.29M +20.4K (+1.6%) | 57.08M +6.1M (+12.0%) | 1.83% +0.029 pp | 0.16% +0.007 pp | USD40.33 +10.0% | 2 qtrs — |
| 7 | INVESCO LTD. | 1.28M +820.2K (+178.8%) | 56.76M +38.3M (+207.3%) | 1.82% +1.170 pp | 0.01% +0.006 pp | USD42.90 +3.4% | 2 qtrs — |
| 8 | NORTH REEF CAPITAL MANAGEMENT LP | 1.27M +539.2K (+74.3%) | 56.14M +26.9M (+92.1%) | 1.80% +0.769 pp | 2.26% +0.893 pp | USD42.02 +5.6% | 2 qtrs — |
| 9 | ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC | 932.1K +478.4K (+105.4%) | 40.68M +23.0M (+130.1%) | 1.33% +0.682 pp | 0.07% +0.038 pp | USD42.37 +4.7% | 2 qtrs — |
| 10 | ADAGE CAPITAL PARTNERS GP, L.L.C. | 881.3K +249.7K (+39.5%) | 39.11M +13.7M (+53.8%) | 1.26% +0.356 pp | 0.06% +0.019 pp | USD41.43 +7.1% | 2 qtrs — |
| 11 | JPMORGAN CHASE & CO | 814.3K +2.6K (+0.3%) | 36.14M +3.5M (+10.6%) | 1.16% +0.004 pp | 0.00% +0.000 pp | USD40.27 +10.2% | 2 qtrs — |
| 12 | CALDWELL INVESTMENT MANAGEMENT LTD. | 738.8K +75.0K (+11.3%) | 33.73M +6.7M (+24.7%) | 1.05% +0.107 pp | 20.74% +2.977 pp | USD40.68 +9.1% | 2 qtrs — |
| 13 | LORD, ABBETT & CO. LLC | 659.7K +360.5K (+120.5%) | 29.28M +17.2M (+143.1%) | 0.94% +0.514 pp | 0.09% +0.054 pp | USD42.51 +4.4% | 2 qtrs — |
| 14 | BLAIR WILLIAM & CO/IL | 654.8K +291.1K (+80.0%) | 29.06M +14.4M (+98.4%) | 0.93% +0.415 pp | 0.08% +0.039 pp | USD42.09 +5.4% | 2 qtrs — |
| 15 | JANE STREET GROUP, LLC | 638.1K +148.5K (+30.3%) | 28.32M +8.6M (+43.7%) | 0.91% +0.212 pp | 0.00% +0.001 pp | USD41.22 +7.7% | 2 qtrs — |
| 16 | CITADEL ADVISORS LLC | 619.6K -355.5K (-36.5%) | 27.50M -11.8M (-30.0%) | 0.88% -0.507 pp | 0.00% -0.002 pp | USD40.26 +10.2% | 2 qtrs — |
| 17 | WELLINGTON MANAGEMENT GROUP LLP | 616.1K +33.0K (+5.7%) | 27.34M +3.9M (+16.5%) | 0.88% +0.047 pp | 0.00% +0.001 pp | USD40.48 +9.6% | 2 qtrs — |
| 18 | GOLDMAN SACHS GROUP INC | 580.7K +387.5K (+200.6%) | 25.77M +18.0M (+231.3%) | 0.83% +0.553 pp | 0.00% +0.002 pp | USD43.01 +3.2% | 2 qtrs — |
| 19 | STATE STREET CORP | 576.4K +519.9K (+921.1%) | 25.58M +23.3M (+1,025.6%) | 0.82% +0.741 pp | 0.00% +0.001 pp | USD43.98 +0.9% | 2 qtrs — |
| 20 | GHISALLO CAPITAL MANAGEMENT LLC | 557.5K +282.5K (+102.7%) | 24.74M +13.7M (+123.5%) | 0.80% +0.403 pp | 1.10% +0.742 pp | USD42.35 +4.8% | 2 qtrs — |
| 21 | DRIEHAUS CAPITAL MANAGEMENT LLC | 532.4K +340.8K (+177.8%) | 23.63M +15.9M (+206.3%) | 0.76% +0.486 pp | 0.16% +0.105 pp | USD42.90 +3.4% | 2 qtrs — |
| 22 | GEODE CAPITAL MANAGEMENT, LLC | 512.8K +353.4K (+221.7%) | 22.76M +16.3M (+254.6%) | 0.73% +0.504 pp | 0.00% +0.001 pp | USD43.10 +3.0% | 2 qtrs — |
| 23 | AMERIPRISE FINANCIAL INC | 447.5K +241.3K (+117.0%) | 19.86M +11.6M (+139.2%) | 0.64% +0.344 pp | 0.00% +0.003 pp | USD42.48 +4.5% | 2 qtrs — |
| 24 | FRANKLIN RESOURCES INC | 427.2K -5.1K (-1.2%) | 18.96M +1.6M (+8.9%) | 0.61% -0.007 pp | 0.00% +0.000 pp | USD40.26 +10.2% | 2 qtrs — |
| 25 | SEVEN GRAND MANAGERS, LLC | 400.0K +100.0K (+33.3%) | 17.75M +5.7M (+47.0%) | 0.57% +0.143 pp | 1.35% +0.371 pp | USD41.29 +7.5% | 2 qtrs — |
| 26 | VICTORY CAPITAL MANAGEMENT INC | 392.1K +89.9K (+29.7%) | 17.40M +5.2M (+43.0%) | 0.56% +0.128 pp | 0.01% +0.003 pp | USD41.20 +7.7% | 2 qtrs — |
| 27 | SEI INVESTMENTS CO | 340.3K +239.1K (+236.3%) | 15.10M +11.0M (+270.7%) | 0.49% +0.341 pp | 0.01% +0.011 pp | USD43.15 +2.9% | 2 qtrs — |
| 28 | INTRINSIC EDGE CAPITAL MANAGEMENT LLC | 322.5K -25.9K (-7.4%) | 14.31M +287.1K (+2.0%) | 0.46% -0.037 pp | 2.55% +0.597 pp | USD40.26 +10.2% | 2 qtrs — |
| 29 | BANK OF AMERICA CORP /DE/ | 303.9K +111.2K (+57.7%) | 13.49M +5.7M (+73.9%) | 0.43% +0.159 pp | 0.00% +0.001 pp | USD41.77 +6.2% | 2 qtrs — |
| 30 | BURKEHILL GLOBAL MANAGEMENT, LP | 290.0K +140.0K (+93.3%) | 12.87M +6.8M (+113.1%) | 0.41% +0.200 pp | 0.85% +0.505 pp | USD42.25 +5.0% | 2 qtrs — |
| 31 | JUMP FINANCIAL, LLC | 285.3K +266.3K (+1,404.1%) | 12.66M +11.9M (+1,558.0%) | 0.41% +0.380 pp | 0.16% +0.146 pp | USD44.11 +0.6% | 2 qtrs — |
| 32 | MILLENNIUM MANAGEMENT LLC | 284.7K +126.2K (+79.6%) | 12.63M +6.3M (+98.0%) | 0.41% +0.180 pp | 0.01% +0.003 pp | USD42.09 +5.4% | 2 qtrs — |
| 33 | DELTA GLOBAL MANAGEMENT LP | 279.0K +228.5K (+452.6%) | 12.38M +10.4M (+509.1%) | 0.40% +0.326 pp | 0.56% +0.415 pp | USD43.63 +1.7% | 2 qtrs — |
| 34 | NORGES BANK | 277.2K +277.2K (+100.0%) | 12.30M +12.3M (+100.0%) | 0.40% +0.395 pp | 0.00% +0.001 pp | USD44.38 +0.0% | 1 qtrs NEW |
| 35 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 273.9K -23.8K (-8.0%) | 12.16M +170.1K (+1.4%) | 0.39% -0.034 pp | 0.00% +0.000 pp | USD40.26 +10.2% | 2 qtrs — |
| 36 | WOODLINE PARTNERS LP | 261.1K +— (+0.0%) | 11.59M +1.1M (+10.2%) | 0.37% +0.000 pp | 0.04% -0.005 pp | USD40.26 +10.2% | 2 qtrs — |
| 37 | PENN CAPITAL MANAGEMENT COMPANY, LLC | 252.1K +252.1K (+100.0%) | 11.22M +11.2M (+100.0%) | 0.36% +0.360 pp | 0.89% +0.894 pp | USD44.38 +0.0% | 1 qtrs NEW |
| 38 | AXIOM INVESTORS LLC /DE | 243.2K +243.2K (+100.0%) | 10.79M +10.8M (+100.0%) | 0.35% +0.347 pp | 0.09% +0.095 pp | USD44.38 +0.0% | 1 qtrs NEW |
| 39 | HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 234.2K +34.2K (+17.1%) | 10.40M +2.3M (+29.1%) | 0.33% +0.049 pp | 0.02% +0.003 pp | USD40.86 +8.6% | 2 qtrs — |
| 40 | MORGAN STANLEY | 220.9K -300.1K (-57.6%) | 9.80M -11.2M (-53.3%) | 0.32% -0.428 pp | 0.00% -0.001 pp | USD40.26 +10.2% | 2 qtrs — |
| 41 | TOCQUEVILLE ASSET MANAGEMENT L.P. | 220.8K -9.9K (-4.3%) | 9.80M +510.0K (+5.5%) | 0.31% -0.014 pp | 0.14% +0.008 pp | USD40.26 +10.2% | 2 qtrs — |
| 42 | FEDERATED HERMES, INC. | 200.0K -50.0K (-20.0%) | 8.88M -1.2M (-11.8%) | 0.29% -0.071 pp | 0.01% -0.003 pp | USD40.26 +10.2% | 2 qtrs — |
| 43 | RENAISSANCE TECHNOLOGIES LLC | 195.1K +195.1K (+100.0%) | 8.66M +8.7M (+100.0%) | 0.28% +0.278 pp | 0.01% +0.013 pp | USD44.38 +0.0% | 1 qtrs NEW |
| 44 | BNP PARIBAS ARBITRAGE, SNC | 191.0K +191.0K (+100.0%) | 8.48M +8.5M (+100.0%) | 0.27% +0.272 pp | 0.00% +0.004 pp | USD44.38 +0.0% | 1 qtrs NEW |
| 45 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 187.1K +98.6K (+111.5%) | 8.30M +4.7M (+133.2%) | 0.27% +0.141 pp | 0.00% +0.001 pp | USD42.43 +4.6% | 2 qtrs — |
| 46 | ROYCE & ASSOCIATES LP | 181.5K +181.5K (+100.0%) | 8.05M +8.1M (+100.0%) | 0.26% +0.259 pp | 0.08% +0.082 pp | USD44.38 +0.0% | 1 qtrs NEW |
| 47 | — | 175.0K +175.0K (+100.0%) | 7.77M +7.8M (+100.0%) | 0.25% +0.250 pp | 5.49% +5.495 pp | USD44.38 +0.0% | 1 qtrs NEW |
| 48 | MONASHEE INVESTMENT MANAGEMENT LLC | 175.0K +25.0K (+16.7%) | 7.77M +1.7M (+28.6%) | 0.25% +0.036 pp | 4.38% +1.365 pp | USD40.85 +8.6% | 2 qtrs — |
| 49 | NORTHERN TRUST CORP | 169.6K +139.5K (+464.1%) | 7.53M +6.3M (+521.8%) | 0.24% +0.199 pp | 0.00% +0.001 pp | USD43.65 +1.7% | 2 qtrs — |
| 50 | UBS GROUP AG | 162.9K +154.9K (+1,944.5%) | 7.23M +6.9M (+2,153.7%) | 0.23% +0.221 pp | 0.00% +0.001 pp | USD44.18 +0.5% | 2 qtrs — |
| 51 | NEW YORK STATE COMMON RETIREMENT FUND | 162.2K +162.2K (+100.0%) | 7.20M +7.2M (+100.0%) | 0.23% +0.231 pp | 0.01% +0.010 pp | USD44.38 +0.0% | 1 qtrs NEW |
| 52 | SOROS FUND MANAGEMENT LLC | 154.6K +50.3K (+48.2%) | 6.86M +2.7M (+63.4%) | 0.22% +0.072 pp | 0.08% +0.020 pp | USD41.60 +6.7% | 2 qtrs — |
| 53 | MANUFACTURERS LIFE INSURANCE COMPANY, THE | 146.9K +104.0K (+241.8%) | 6.52M +4.8M (+276.8%) | 0.21% +0.148 pp | 0.01% +0.004 pp | USD43.17 +2.8% | 2 qtrs — |
| 54 | TWO SIGMA INVESTMENTS, LP | 140.3K +90.3K (+180.6%) | 6.23M +4.2M (+209.3%) | 0.20% +0.129 pp | 0.01% +0.006 pp | USD42.91 +3.4% | 2 qtrs — |
| 55 | UNISPHERE ESTABLISHMENT | 135.0K +35.0K (+35.0%) | 5.99M +2.0M (+48.8%) | 0.19% +0.050 pp | 0.04% +0.013 pp | USD41.33 +7.4% | 2 qtrs — |
| 56 | PRICE T ROWE ASSOCIATES INC /MD/ | 130.5K -268.3K (-67.3%) | 5.79M -10.3M (-63.9%) | 0.19% -0.383 pp | 0.00% -0.001 pp | USD40.26 +10.2% | 2 qtrs — |
| 57 | POLAR CAPITAL HOLDINGS PLC | 124.0K +124.0K (+100.0%) | 5.50M +5.5M (+100.0%) | 0.18% +0.177 pp | 0.02% +0.021 pp | USD44.38 +0.0% | 1 qtrs NEW |
| 58 | LMR PARTNERS LLP | 109.8K +— (+0.0%) | 4.87M +452.4K (+10.2%) | 0.16% +0.000 pp | 0.01% -0.010 pp | USD40.26 +10.2% | 2 qtrs — |
| 59 | KING LUTHER CAPITAL MANAGEMENT CORP | 103.8K +103.8K (+100.0%) | 4.61M +4.6M (+100.0%) | 0.15% +0.148 pp | 0.02% +0.019 pp | USD44.38 +0.0% | 1 qtrs NEW |
| 60 | RAYMOND JAMES FINANCIAL INC | 102.4K +89.5K (+693.9%) | 4.54M +4.0M (+775.2%) | 0.15% +0.128 pp | 0.00% +0.001 pp | USD43.86 +1.2% | 2 qtrs — |
| 61 | HUDSON BAY CAPITAL MANAGEMENT LP | 101.6K +60.4K (+146.8%) | 4.51M +2.9M (+172.1%) | 0.14% +0.086 pp | 0.01% +0.009 pp | USD42.71 +3.9% | 2 qtrs — |
| 62 | SCHONFELD STRATEGIC ADVISORS LLC | 100.0K -117.7K (-54.1%) | 4.44M -4.3M (-49.4%) | 0.14% -0.168 pp | 0.02% -0.030 pp | USD40.26 +10.2% | 2 qtrs — |
| 63 | QUINN OPPORTUNITY PARTNERS LLC | 88.5K -74.1K (-45.6%) | 3.93M -2.6M (-40.0%) | 0.13% -0.106 pp | 0.17% -0.298 pp | USD40.26 +10.2% | 2 qtrs — |
| 64 | TD ASSET MANAGEMENT INC | 80.5K +17.0K (+26.9%) | 3.57M +1.0M (+39.8%) | 0.11% +0.024 pp | 0.00% +0.001 pp | USD41.13 +7.9% | 2 qtrs — |
| 65 | COASTAL BRIDGE ADVISORS, LLC | 77.4K +850.0 (+1.1%) | 3.44M +353.2K (+11.5%) | 0.11% +0.001 pp | 0.26% +0.023 pp | USD40.31 +10.1% | 2 qtrs — |
| 66 | RUSSELL INVESTMENTS GROUP, LTD. | 76.4K +76.4K (+100.0%) | 3.39M +3.4M (+100.0%) | 0.11% +0.109 pp | 0.00% +0.004 pp | USD44.38 +0.0% | 1 qtrs NEW |
| 67 | MAD RIVER INVESTORS | 75.1K +450.0 (+0.6%) | 3.33M +327.3K (+10.9%) | 0.11% +0.001 pp | 1.52% +0.232 pp | USD40.28 +10.2% | 2 qtrs — |
| 68 | BLACKSTONE INC. | 75.0K +25.0K (+50.0%) | 3.33M +1.3M (+65.4%) | 0.11% +0.036 pp | 0.01% +0.005 pp | USD41.63 +6.6% | 2 qtrs — |
| 69 | MAVEN SECURITIES LTD | 69.9K +69.9K (+100.0%) | 3.10M +3.1M (+100.0%) | 0.10% +0.100 pp | 0.07% +0.069 pp | USD44.38 +0.0% | 1 qtrs NEW |
| 70 | BANK OF NEW YORK MELLON CORP | 60.4K +53.8K (+810.6%) | 2.68M +2.4M (+903.7%) | 0.09% +0.077 pp | 0.00% +0.000 pp | USD43.93 +1.0% | 2 qtrs — |
| 71 | ONE8ZERO8, LLC | 58.4K +58.4K (+100.0%) | 2.59M +2.6M (+100.0%) | 0.08% +0.083 pp | 0.57% +0.565 pp | USD44.38 +0.0% | 1 qtrs NEW |
| 72 | BARCLAYS PLC | 57.1K +41.2K (+259.1%) | 2.53M +1.9M (+295.8%) | 0.08% +0.059 pp | 0.00% +0.000 pp | USD43.23 +2.7% | 2 qtrs — |
| 73 | TUDOR INVESTMENT CORP ET AL | 56.0K +10.5K (+23.0%) | 2.49M +652.4K (+35.6%) | 0.08% +0.015 pp | 0.00% +0.001 pp | USD41.03 +8.2% | 2 qtrs — |
| 74 | CREDIT AGRICOLE S A | 51.0K +51.0K (+100.0%) | 2.26M +2.3M (+100.0%) | 0.07% +0.073 pp | 0.01% +0.005 pp | USD44.38 +0.0% | 1 qtrs NEW |
| 75 | HARVEY PARTNERS, LLC | 50.0K +— (+0.0%) | 2.22M +206.0K (+10.2%) | 0.07% +0.000 pp | 0.20% +0.018 pp | USD40.26 +10.2% | 2 qtrs — |
| 76 | PANORAMIC CAPITAL, LLC | 46.1K +46.1K (+100.0%) | 2.05M +2.0M (+100.0%) | 0.07% +0.066 pp | 1.10% +1.098 pp | USD44.38 +0.0% | 1 qtrs NEW |
| 77 | STATE OF WISCONSIN INVESTMENT BOARD | 42.6K +42.6K (+100.0%) | 1.89M +1.9M (+100.0%) | 0.06% +0.061 pp | 0.00% +0.004 pp | USD44.38 +0.0% | 1 qtrs NEW |
| 78 | CALAMOS ADVISORS LLC | 41.4K +41.4K (+100.0%) | 1.84M +1.8M (+100.0%) | 0.06% +0.059 pp | 0.01% +0.007 pp | USD44.38 +0.0% | 1 qtrs NEW |
| 79 | ADVISOR GROUP HOLDINGS, INC. | 40.2K +7.5K (+22.8%) | 1.79M +465.8K (+35.3%) | 0.06% +0.011 pp | 0.00% +0.001 pp | USD41.03 +8.2% | 2 qtrs — |
| 80 | COVALIS CAPITAL LLP | 40.0K +40.0K (+100.0%) | 1.78M +1.8M (+100.0%) | 0.06% +0.057 pp | 0.12% +0.125 pp | USD44.38 +0.0% | 1 qtrs NEW |
| 81 | NUVEEN, LLC | 39.1K +39.1K (+100.0%) | 1.74M +1.7M (+100.0%) | 0.06% +0.056 pp | 0.00% +0.001 pp | USD44.38 +0.0% | 1 qtrs NEW |
| 82 | MALTESE CAPITAL MANAGEMENT LLC | 38.7K -121.3K (-75.8%) | 1.72M -4.7M (-73.4%) | 0.06% -0.173 pp | 0.30% -0.671 pp | USD40.26 +10.2% | 2 qtrs — |
| 83 | XTX TOPCO LTD | 38.4K +38.4K (+100.0%) | 1.70M +1.7M (+100.0%) | 0.05% +0.055 pp | 0.04% +0.045 pp | USD44.38 +0.0% | 1 qtrs NEW |
| 84 | PEKIN HARDY STRAUSS, INC. | 36.3K +10.6K (+41.5%) | 1.61M +577.9K (+56.0%) | 0.05% +0.015 pp | 0.15% +0.045 pp | USD41.47 +7.0% | 2 qtrs — |
| 85 | WELLS FARGO & COMPANY/MN | 35.6K +32.1K (+912.8%) | 1.58M +1.4M (+1,016.4%) | 0.05% +0.046 pp | 0.00% +0.000 pp | USD43.97 +0.9% | 2 qtrs — |
| 86 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 33.7K -34.2K (-50.4%) | 1.50M -1.2M (-45.3%) | 0.05% -0.049 pp | 0.00% 0.000 pp | USD40.26 +10.2% | 2 qtrs — |
| 87 | GRANDEUR PEAK GLOBAL ADVISORS, LLC | 32.0K +439.0 (+1.4%) | 1.42M +149.4K (+11.8%) | 0.05% +0.001 pp | 0.19% +0.021 pp | USD40.32 +10.1% | 2 qtrs — |
| 88 | QUADRATURE CAPITAL LTD | 31.9K +31.9K (+100.0%) | 1.42M +1.4M (+100.0%) | 0.05% +0.046 pp | 0.01% +0.015 pp | USD44.38 +0.0% | 1 qtrs NEW |
| 89 | SWISS NATIONAL BANK | 31.8K +31.8K (+100.0%) | 1.41M +1.4M (+100.0%) | 0.05% +0.045 pp | 0.00% +0.001 pp | USD44.38 +0.0% | 1 qtrs NEW |
| 90 | ELEMENT CAPITAL MANAGEMENT LLC | 27.9K +27.9K (+100.0%) | 1.24M +1.2M (+100.0%) | 0.04% +0.040 pp | 0.59% +0.591 pp | USD44.38 +0.0% | 1 qtrs NEW |
| 91 | RHUMBLINE ADVISERS | 27.4K +27.4K (+100.0%) | 1.21M +1.2M (+100.0%) | 0.04% +0.039 pp | 0.00% +0.001 pp | USD44.38 +0.0% | 1 qtrs NEW |
| 92 | BULLSEYE ASSET MANAGEMENT LLC | 26.7K +26.7K (+100.0%) | 1.19M +1.2M (+100.0%) | 0.04% +0.038 pp | 0.64% +0.639 pp | USD44.38 +0.0% | 1 qtrs NEW |
| 93 | HOUND PARTNERS, LLC | 25.0K +— (+0.0%) | 1.11M +103.0K (+10.2%) | 0.04% +0.000 pp | 0.15% +0.020 pp | USD40.26 +10.2% | 2 qtrs — |
| 94 | ATLAS WEALTH PARTNERS, LLC | 24.5K +2.6K (+11.8%) | 1.09M +204.9K (+23.3%) | 0.03% +0.004 pp | 1.19% +0.294 pp | USD40.70 +9.0% | 2 qtrs — |
| 95 | OPTIVER HOLDING B.V. | 152.3K +152.3K (+100.0%) | 6.8K +6.8K (+100.0%) | 0.22% +0.217 pp | 0.00% +0.000 pp | USD44.38 +0.0% | 1 qtrs NEW |
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Horizon Kinetics Blockchain Development ETF BCDF | 3.74% | 844.0K | 0.85% |
| 2 | Horizon Kinetics Inflation Beneficiaries ETF INFL | 2.74% | 40.25M | 0.85% |
| 3 | State Street SPDR S&P Capital Markets ETF KCE | 1.61% | 7.21M | 0.35% |
| 4 | American Century Small Cap Growth Insights ETF ACSG | 0.48% | 120.6K | 0.49% |
| 5 | T. Rowe Price Financials ETF TFNS | 0.22% | 31.6K | 0.44% |
| 6 | VanEck Gaming ETF GENZ | 0.22% | 37.5K | 0.51% |
| 7 | iShares Russell 2000 Growth ETF IWO | 0.20% | 30.36M | 0.24% |
| 8 | First Trust Small Cap BuyWrite Income ETF FTKI | 0.20% | 50.4K | 0.86% |
| 9 | First Trust Merger Arbitrage ETF NTRL | 0.15% | 26.5K | 0.95% |
| 10 | BNY Mellon US Small Cap Core Equity ETF BKSE | 0.14% | 121.4K | 0.04% |
Insider Activity
| Date | Person | Role | Transaction | A/D | Security | Shares | Price | Value | Owned after | D/I | Filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-05-05 | Gallagher Thomas P. | Director / Officer | M-Exempt | A | Common Stock | 15,771 | 12.00 | 189.3K | 1,739,046 | I | ↗ |
| 2026-05-04 | Teekell Judson Gray | Director | S-Sale | D | Common Stock | 3,000 | 47.30 | 141.9K | 56,338 | D | ↗ |
| 2026-05-04 | Schafer Douglas M. JR | Officer | M-Exempt | D | Nonqualified Stock Option (Right to Buy) | 48,000 | 12.00 | 576.0K | 54,000 | D | ↗ |
| 2026-05-04 | Gallagher Thomas P. | Director / Officer | M-Exempt | D | Nonqualified Stock Option (Right to Buy) | 54,229 | 12.00 | 650.7K | 225,771 | I | ↗ |
| 2026-05-04 | Eckert Kurt M. | Director | M-Exempt | D | Stock Option (Right to Buy) | 5,625 | 12.00 | 67.5K | 11,563 | D | ↗ |
| 2026-05-04 | Deitzel Edward | Officer | M-Exempt | D | Nonqualified Stock Option (Right to Buy) | 11,000 | 12.00 | 132.0K | 18,333 | D | ↗ |
| 2026-05-04 | Comly Barbara J. | Officer | M-Exempt | D | Nonqualified Stock Option (Right to Buy) | 28,000 | 12.00 | 336.0K | 84,000 | D | ↗ |
| 2026-05-04 | Brown Shelly | Officer | M-Exempt | D | Nonqualified Stock Option (Right to Buy) | 16,000 | 12.00 | 192.0K | 32,000 | D | ↗ |
| 2026-04-15 | Gallagher Thomas P. | Director / Officer | S-Sale | D | Common Stock | 49,900 | 43.68 | 2.18M | 485,963 | D | ↗ |
| 2026-04-15 | Comly Barbara J. | Officer | M-Exempt | D | Nonqualified Stock Option (Right to Buy) | 29,667 | 12.00 | 356.0K | 112,000 | D | ↗ |
| 2026-04-09 | Beckelman John | Director | M-Exempt | A | Common Stock | 8,667 | 12.00 | 104.0K | 8,667 | D | ↗ |
| 2026-04-08 | Deitzel Edward | Officer | M-Exempt | A | Common Stock | 7,572 | 12.00 | 90.9K | 123,793 | D | ↗ |
| 2026-04-08 | Brown Shelly | Officer | M-Exempt | A | Common Stock | 16,434 | 12.00 | 197.2K | 341,481 | D | ↗ |
| 2026-04-07 | Deitzel Edward | Officer | M-Exempt | A | Common Stock | 4,001 | 12.00 | 48.0K | 120,222 | D | ↗ |
| 2026-04-07 | Brown Shelly | Officer | M-Exempt | A | Common Stock | 900 | 12.00 | 10.8K | 325,947 | D | ↗ |
| 2026-04-06 | Brown Shelly | Officer | S-Sale | D | Common Stock | 2,357 | 41.33 | 97.4K | 325,047 | D | ↗ |
| 2026-04-02 | Teekell Judson Gray | Director | S-Sale | D | Common Stock | 2,700 | 40.00 | 108.0K | 59,338 | D | ↗ |
| 2026-03-30 | Smollen John | Officer | F-InKind | D | Common Stock | 362 | 37.50 | 13.6K | 170,757 | D | ↗ |
| 2026-03-30 | Gallagher Thomas P. | Director / Officer | F-InKind | D | Common Stock | 20,875 | 37.50 | 782.8K | 1,827,399 | I | ↗ |
| 2026-03-30 | Emmons Lance | Officer | F-InKind | D | Common Stock | 8,350 | 37.50 | 313.1K | 119,262 | D | ↗ |
| 2026-03-30 | Deitzel Edward | Officer | F-InKind | D | Common Stock | 707 | 37.50 | 26.5K | 116,221 | D | ↗ |
| 2026-03-30 | Comly Barbara J. | Officer | F-InKind | D | Common Stock | 1,448 | 37.50 | 54.3K | 843,844 | D | ↗ |
| 2026-03-30 | Brown Shelly | Officer | M-Exempt | D | Incentive Stock Option (Right to Buy) | 5,040 | 19.84 | 100.0K | 0 | D | ↗ |
| 2026-03-25 | Teekell Judson Gray | Director | S-Sale | D | Common Stock | 300 | 40.00 | 12.0K | 62,038 | D | ↗ |
| 2026-03-25 | Sommers Jill E. | Director | — | — | Nonqualified Stock Option (Right to Buy) | 8,306 | 22.34 | 185.6K | 0 | D | ↗ |
| 2026-03-23 | Brown Shelly | Officer | S-Sale | D | Common Stock | 25,932 | 39.33 | 1.02M | 299,197 | D | ↗ |
| 2026-03-19 | Eckert Kurt M. | Director | M-Exempt | A | Common Stock | 12,917 | 12.00 | 155.0K | 180,292 | D | ↗ |
| 2026-03-17 | Schafer Douglas M. JR | Officer | M-Exempt | A | Common Stock | 48,000 | 12.00 | 576.0K | 444,681 | D | ↗ |
| 2026-03-05 | STAHL MURRAY | Director | P-Purchase | A | Common Stock | 7,200 | 43.08 | 310.2K | 4,633,842 | I | ↗ |
| 2026-03-04 | STAHL MURRAY | Director | P-Purchase | A | Common Stock | 7,200 | 43.38 | 312.3K | 4,696,666 | I | ↗ |
| 2026-03-02 | STAHL MURRAY | Director | S-Sale | D | Common Stock | 121,054 | 40.92 | 4.95M | 4,689,466 | I | ↗ |
| 2024-04-01 | Sites Eric | Director | — | — | Nonqualified Stock Option (Right to Buy) | 9,174 | 20.00 | 183.5K | 0 | D | ↗ |
| 2023-03-27 | Sites Eric | Director | — | — | Nonqualified Stock Option (Right to Buy) | 9,554 | 19.84 | 189.6K | 0 | D | ↗ |
| 2022-07-01 | Sites Eric | Director | — | — | Nonqualified Stock Option (Right to Buy) | 7,500 | 25.98 | 194.9K | 0 | D | ↗ |
| 2021-08-01 | Sites Eric | Director | — | — | Nonqualified Stock Option (Right to Buy) | 7,500 | 16.14 | 121.1K | 0 | D | ↗ |
Executive team
Executive compensation
| # | Year | Executive | Salary | Bonus | Stock award | Option award | Incentive | Other | Total | % Stock- based |
Filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 2025 | Thomas P. Gallagher Chairman & Chief Executive Officer | 2.50M | 11.00M | 6.72M | 877.1K | — | 90.0K | 21.19M | 35.86% | ↗ |
| 2 | 2025 | Barbara J. Comly Executive Vice President, General Counsel and Corporate Secretary | 1.61M | 2.81M | 2.24M | 591.3K | — | 81.9K | 7.33M | 38.62% | ↗ |
| 3 | 2025 | Douglas M. Schafer Jr. Executive Vice President and Chief Information Officer | 2.08M | 2.56M | — | 591.3K | — | 165.6K | 5.39M | 10.97% | ↗ |
| 4 | 2025 | Lance Emmons Executive Vice President, Chief Financial Officer | 780.0K | 2.69M | — | 492.8K | — | 18.2K | 3.98M | 12.37% | ↗ |
| 5 | 2025 | Shelly Brown Executive Vice President, Chief Strategy Officer | 721.0K | 1.80M | — | 394.2K | — | 35.9K | 2.95M | 13.38% | ↗ |
| 6 | 2024 | Thomas P. Gallagher Chairman & Chief Executive Officer | 2.50M | 7.85M | — | — | — | 45.9K | 10.40M | 0.00% | ↗ |
| 7 | 2024 | Douglas M. Schafer Jr. Executive Vice President and Chief Information Officer | 1.90M | 1.28M | 3.01M | 680.7K | — | 107.5K | 6.98M | 52.91% | ↗ |
| 8 | 2024 | Shelly Brown Executive Vice President, Chief Strategy Officer | 700.0K | 895.6K | 2.17M | 1.05M | — | 26.6K | 4.85M | 66.52% | ↗ |
| 9 | 2024 | Barbara J. Comly Executive Vice President, General Counsel and Corporate Secretary | 1.53M | 1.48M | — | 704.4K | — | 80.4K | 3.78M | 18.61% | ↗ |
| 10 | 2023 | Thomas P. Gallagher Chairman & Chief Executive Officer | 2.50M | 6.95M | 24.11M | — | — | 53.9K | 33.61M | 71.73% | ↗ |
| 11 | 2023 | Barbara J. Comly Executive Vice President, General Counsel and Corporate Secretary | 1.45M | 1.00M | 11.01M | 824.2K | — | 84.7K | 14.37M | 82.36% | ↗ |
| 12 | 2023 | Douglas M. Schafer Jr. Executive Vice President and Chief Information Officer | 1.75M | 1.05M | — | 824.2K | — | 110.9K | 3.74M | 22.07% | ↗ |
Proxy statements
Recent SEC filings
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Thomas Gallagher | Chairman & Chief Executive Officer | 14M | male |
| Douglas Schafer Jr. | Executive VP, Chief Information Officer, President of Miami International Technologies, LLC | 5M | male |
| Barbara J. Comly | Executive Vice President, General Counsel & Corporate Secretary | 5M | female |
| Lance Emmons | Executive Vice President & Chief Financial Officer | 3M | male |
| Shelly Brown | Executive Vice President & Chief Strategy Officer | 3M | male |
| John E. Smollen | Executive Vice President of New Product Development | — | male |
| Amy Neiley-Avayou | Senior Vice President of Trading Operations & Listing | — | female |
| Joseph W. Ferraro | Senior VP & Deputy General Counsel | — | male |
| Kelli Annequin | Senior Vice President & Chief Marketing Officer | — | female |
| Mark Wetjen | Executive Vice President of Futures & Innovative Products and Executive Regulatory Liaison Officer | — | male |
| Matthew Rotella | Senior Vice President & Chief Technology Officer | — | male |
| Randy Foster | Senior Vice President of Business Systems Development | — | male |
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No House trading activity found for this company.
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Community Opinion for MIAX
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Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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