Saturday, March 8, 2014

2011 US IPOs: Health Care Up 252%, Biotechs Up 318%, 23 Techs Up 55% and 21 Oil&Gas Up 31% Under Obama, Democratic US Senate and the US Fed

With the superb Initial Public Offering (IPO) data available from IPO Scoop, there were 84 US Company IPOs in the year 2011, nearly 5 times the 17 IPOs in 2008, where the Company has its common stock still trading and it also has a Market Capitalization of more than $100 mil presently.

The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.  The superb Yahoo Finance website was also utilized.

Of these 84 2011 US IPOs, 23 are Technology Companies, 21 are Oil & Gas, 10 are Health Care, 10 are Services and 8 are REITs.

Clearly, US Health Care Companies having IPOs in 2011 led this stock price appreciation avalanche with an average stock market price appreciation of a huge 252% in the very short period through March 7, 2014.  Drug Company Pacira Pharmaceuticals had its stock market price increase by an off-the-charts 960%.  And the 4 Biotechnology Companies had their average stock price increase by a spectacular 318%. 

The huge number of 23 US Technology Company IPOs in 2011 had their average stock price increase by an impressive 55% through March 7, 2014, with two Application Software Companies having stock price increases of more than 200% each.
  
There were a huge number of 21 2011 IPOs related to Oil and Gas Companies, with an average stock market price increase of 31% through March7, 2014.

In the Services Sector, the IPO leader in 2011 was Spirit Airlines, with its stock price advancing by a huge 376% through March 7, 2014.

Auto Parts supplier Delphi Automotive had a 212% stock price appreciation through March 7, 2014 leading 2011 IPOs in the Other Sectors.

There were 8 REIT IPOs in 2011 with an average stock price increase of 20% through March 7, 2016, which is especially noteworthy considering that in order to retain tax-exempt status, at least 90% of an REIT's taxable income each year must be distributed.

In addition to these 84 US IPOs in 2011, there were another 7 US IPOs in 2011 where the Company was acquired subsequently.  Their average stock market price decline for the very short period from IPO date to stock sale date was 4%.

It should also be pointed out that this very nice average stock market price growth for all of these 2011 US IPOs as well as the nearly 400% increase in the number of US IPOs over 2008 both occurred when the US Senate was in Democratic Control.

Below here are the stock market prices of these 91 US Companies having IPOs in 2011 on March 7, 2014 or the Company sale date and also on the first day IPO closing market price in 2011, along with the related % Change for this period of time:





1st Day





IPO
2011


3-7-14 Closing
IPO


Market Market %
Date Company Sector Industry Price Price Change








Technology




4/15/11 Ellie Mae  Technology Application Software $31.26 $6.77 362%
2/10/11 Fluidigm  Technology Scientific & Technical Instruments $47.81 $14.02 241%
3/17/11 Cornerstone OnDemand  Technology Application Software $58.09 $19.07 205%
10/14/11 Ubiquiti Networks  Technology Wireless Communications $48.51 $17.50 177%
11/16/11 InvenSense  Technology Semiconductor-Integrated Circuits $22.80 $8.90 156%
11/9/11 Imperva  Technology Application Software $61.05 $24.00 154%
7/20/11 Zillow   Technology Internet Information Providers $82.03 $35.77 129%
5/19/11 LinkedIn  Technology Internet Information Providers $206.79 $94.25 119%
1/26/11 Nielsen  Technology Information & Delivery Services $46.28 $25.01 85%
7/27/11 Tangoe  Technology Business Software & Services $17.20 $11.65 48%
5/26/11 Freescale Semiconductor Holdings Technology Semiconductor-Broad Line $23.39 $18.33 28%
6/17/11 Bankrate  Technology Internet Information Providers $19.14 $15.34 25%
6/29/11 HomeAway  Technology Internet Information Providers $46.64 $40.21 16%
11/17/11 Angie’s List   Technology Internet Software & Services $13.23 $16.28 -19%
3/25/11 ServiceSource International  Technology Business Software & Services $8.86 $12.18 -27%
2/2/11 NeoPhotonics  Technology Semiconductor-Broad Line $8.23 $13.25 -38%
12/16/11 Zynga   Technology Multimedia&Graphic Software $5.58 $9.50 -41%
12/13/11 Jive Software   Technology Application Software $8.43 $15.05 -44%
5/4/11 Boingo Wireless  Technology Information Technology Services $6.56 $12.10 -46%
6/9/11 Fusion-io  Technology Data Storage Devices $11.37 $22.50 -49%
11/4/11 Groupon  Technology Internet Information Providers $8.60 $26.11 -67%
11/18/11 Intermolecular  Technology Semiconductor Equipment&Matls $2.78 $9.50 -71%
1/26/11 Demand Media  Technology Internet Media&Domain Services $4.73 $22.68 -79%

Average % Change all 23 Technology


55%








Health Care




2/3/11 Pacira Pharmaceuticals  Healthcare Drug Manufacturers- Major $74.43 $7.02 960%
11/16/11 Clovis Oncology  Healthcare Biotechnology $83.83 $12.56 567%
11/11/11 NewLink Genetics  Healthcare Biotechnology $31.60 $7.08 346%
4/4/11 Ocera Therapeutics Healthcare Biotechnology $15.57 $4.00 289%
2/11/11 AcelRx Pharmaceuticals  Healthcare Medical Appliances & Equipment $11.92 $4.55 162%
2/4/11 Endocyte  Healthcare Biotechnology $13.24 $7.73 71%
3/10/11 HCA Holdings   Healthcare Hospitals $49.63 $31.02 60%
7/28/11 Horizon Pharma  Healthcare Major Drug Manufacturers $13.18 $9.15 44%
10/19/11 ZELTIQ Aesthetics  Healthcare Medical Appliances & Equipment $17.85 $15.50 15%
4/20/11 Sagent Pharmaceuticals  Healthcare Drugs-Generic $21.61 $19.90 9%

Average % Change all 10 Health Care


252%








Oil & Gas




12/15/11 Bonanza Creek Energy  Basic Materials Independent Oil & Gas $50.35 $13.61 270%
7/14/11 Oiltanking Partners, L.P.  Basic Materials Oil & Gas Pipelines $69.36 $23.70 193%
4/20/11 Tesoro Logistics LP  Basic Materials Oil & Gas Equipment & Services $61.25 $23.50 161%
12/9/11 Rose Rock Midstream, L.P.  Basic Materials Major Integrated Oil & Gas $39.13 $20.00 96%
5/12/11 NGL Energy Partners LP   Basic Materials Oil&Gas Refining&Marketing $36.42 $20.98 74%
12/14/11 Sanchez Energy  Basic Materials Independent Oil & Gas $28.72 $18.25 57%
12/15/11 Laredo Petroleum Holdings  Basic Materials Independent Oil & Gas $26.39 $18.10 46%
6/15/11 Compressco Partners L.P.  Basic Materials Oil & Gas Equipment & Services $25.75 $19.00 36%
12/16/11 Creatwood Midstream Partners LP Basic Materials Oil & Gas Pipelines $22.83 $17.65 29%
12/15/11 Mid-Con Energy Partners, LP   Basic Materials Independent Oil & Gas $23.33 $18.05 29%
12/9/11 Memorial Production Partners LP  Basic Materials Independent Oil & Gas $22.73 $19.79 15%
2/11/11 Kinder Morgan Basic Materials Oil & Gas Pipelines $32.00 $31.05 3%
11/11/11 LRR Energy, L.P.  Basic Materials Independent Oil & Gas $17.31 $19.05 -9%
7/29/11 C&J Energy Services  Basic Materials Oil&Gas Refining&Marketing $26.85 $30.50 -12%
5/5/11 VOC Energy Trust  Basic Materials Independent Oil & Gas $15.28 $21.00 -27%
8/11/11 SandRidge Permian Trust  Basic Materials Independent Oil & Gas $12.59 $18.00 -30%
5/26/11 Solazyme  Basic Materials Oil&Gas Refining&Marketing $13.58 $20.71 -34%
11/3/11 Enduro Royalty Trust Basic Materials Independent Oil & Gas $13.01 $21.26 -39%
11/11/11 Chesapeake Granite Wash Trust  Basic Materials Oil & Gas Pipelines $11.27 $18.87 -40%
4/7/11 SandRidge Mississippian Trust I   Basic Materials Independent Oil & Gas $7.76 $24.21 -68%
6/24/11 KiOR  Basic Materials Oil&Gas Refining&Marketing $1.47 $15.00 -90%

Average % Change all 21 Oil & Gas


31%








Services




5/26/11 Spirit Airlines  Services Major Airlines $57.69 $12.11 376%
4/1/11 GNC Holdings  Services Drug Stores $48.22 $16.75 188%
6/15/11 Pandora Media  Services Broadcasting-Radio $37.15 $17.42 113%
7/27/11 Dunkin Brands Group  Services Restaurants $52.16 $27.85 87%
7/28/11 Wesco Aircraft Holdings  Services Industrial Equipment Wholesale $22.35 $14.92 50%
4/18/11 Air Lease  Services Rental & Leasing Services $36.76 $27.95 32%
7/28/11 Chefs Warehouse Holdings  Services Food Wholesale $22.98 $17.50 31%
8/11/11 Carbonite  Services Business Services $11.43 $12.35 -7%
7/22/11 Francescas Holdings  Services Apparel Stores $20.48 $27.65 -26%
5/4/11 RPX Corporation  Services Business Services $15.95 $23.88 -33%

Average % Change all 10 Services


81%








Other Sectors




11/17/11 Delphi Automotive PLC   Consumer Goods Auto Parts $66.63 $21.33 212%
11/18/11 Mattress Firm Holding   Consumer Goods Home Furnishings & Fixtures $44.98 $22.00 104%
5/5/11 Thermon Group Holdings  Industrial Goods Diversified Machinery $25.06 $12.28 104%
3/30/11 Apollo Global Management  Financial Diversified Investments $32.50 $18.20 79%
7/21/11 SunCoke Energy  Basic Materials Steel & Iron $23.41 $17.00 38%
11/18/11 Manning & Napier  Financial Asset Management $14.89 $12.00 24%
7/27/11 American Midstream Partners, LP  Utilities Gas Utilities $25.10 $20.95 20%
1/28/11 BankUnited   Financial Regional Banks $34.02 $28.40 20%
4/8/11 CVR Partners, LP  Basic Materials Agriculture Chemicals $21.01 $17.55 20%
11/4/11 Rentech Nitrogen Partners, L.P.  Basic Materials Agriculture Chemicals $19.33 $19.85 -3%
2/8/11 Imperial Holdings  Financial Life Insurance $5.50 $10.81 -49%
7/20/11 Skullcandy  Consumer Goods Electronic Equipment $9.23 $20.00 -54%

Average % Change all 12 Other Sectors


43%








REITs




1/13/11 American Assets Trust  Financial REIT-Retail $32.84 $21.25 55%
7/22/11 Apollo Residential Mortgage  Financial REIT-Residential $16.89 $18.65 -9%
6/30/11 AG Mortgage Investment Trust   Financial REIT-Mortgage Investment $18.06 $19.64 -8%
4/15/11 STAG Industrial  Financial REIT-Industrial $23.24 $12.50 86%
5/11/11 RLJ Lodging Trust  Financial REIT-Hotel/Motel $26.22 $17.68 48%
2/9/11 Summit Hotel Properties  Financial REIT-Hotel/Motel $9.28 $9.69 -4%
8/4/11 American Capital Mortgage Investment  Financial REIT-Diversified $19.66 $18.41 7%
4/1/11 Preferred Apartment Communities  Financial REIT-Apartments $8.27 $9.85 -16%

Average % Change all 8 REITs



20%








Companies Acquired




2/2/11 Epocrates  Healthcare Info Technology Marketing Services $11.75 $21.96 -46%
4/14/11 TMS International  Basic Materials Steel Works $17.49 $12.58 39%
4/14/11 Zipcar  Services Auto Rental $12.25 $28.00 -56%
4/21/11 Responsys  Technology Application Software $26.98 $15.40 75%
5/24/11 Active Network (The)  Technology Application Software $14.49 $15.90 -9%
6/22/11 Vanguard Health Systems  Healthcare Hospital & Medical Service Plans $21.01 $18.05 16%
7/28/11 Teavana Holdings  Services Specialty Retailer $15.50 $27.80 -44%

Average % Change all 7 Companies Acquired


-4%