Miami International Holdings CFO Emmons sells $1.5m in stock

Lance Emmons, Executive Vice President and Chief Financial Officer of MIAMI INTERNATIONAL HOLDINGS, INC. (NASDAQ:MIAX), recently sold a significant portion of his holdings in the company.

On August 17, 2026, Emmons disposed of 35,000 shares of MIAMI INTERNATIONAL HOLDINGS, INC. common stock. The shares were sold at prices ranging from $42.23 to $43.54, with a weighted average sale price of $42.83 per share. The total value of this transaction amounted to $1,499,050. The stock currently trades at $40.62, down from the transaction price and below InvestingPro’s Fair Value estimate, suggesting the shares may be undervalued at current levels. The company maintains a "GREAT" financial health score of 3.18 and an 18% return on equity.

This sale was executed pursuant to a Rule 10b5-1 trading plan, which Emmons had established on December 17, 2025. Following this transaction, Emmons directly holds 86,538 shares of MIAMI INTERNATIONAL HOLDINGS, INC. common stock. For deeper insights into MIAX’s valuation and financial health, investors can access the comprehensive Pro Research Report available on InvestingPro, covering this and 1,400+ other US equities.

In other recent news, Miami International Holdings reported impressive financial results for the second quarter of 2026. The company announced adjusted diluted earnings per share of $0.48, significantly surpassing the forecasted $0.27. Revenue also hit a record high of $141.1 million, reflecting strong operational performance. In addition to the earnings report, Morgan Stanley downgraded the company’s stock rating from Overweight to Equalweight. This decision was based on a more balanced near-term risk-reward profile, despite a rebound in market share during the third quarter. The firm also adjusted its price target for Miami International Holdings, lowering it to $50.00 from $53.00. Morgan Stanley noted expectations of softened revenue per contract and slowing margin expansion in the future. These developments highlight the company’s strategic moves and the cautious outlook from analysts.