Wednesday, March 12, 2014

Maryland IPOs During Obama: 13 Companies Up 63% Over 29 Month Average Period

With the superb Initial Public Offering (IPO) data available from IPO Scoop, there were 13 Maryland Companies filing IPOs so far during the Obama Administration .....from Jan 2009 through Feb 2014..... which have a Market Capitalization of more than $100 mil presently or were sold for at least that amount.
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 heavily.

These 13 Maryland Companies had their average stock market price increase by a very impressive 63% over a short 29 month average period of time that their common stocks traded through the most recent date March 12, 2014.

Technology Application Software Company BroadSoft, with its stock market price increase of 242% over this short period of time, was the main driver of this overall average 63% growth.

Bringing down this average stock market price growth of 63% were the 5 REITs, which had an average stock market price growth of a bit lower 39%.  This lower stock price growth for US REITs only makes sense because REITs are required to distribute annually at least 90% of their taxable income in order to retain their tax-exempt status.

Below here are the stock market prices on the most recent date March 12, 2014 or the date the Company was sold and also at the close on the first day of the IPO, as well as the related % Market Price Change for this period of time, for these 13 Maryland Companies:

1st Day

3-12-14 IPO %

Stock Closing Market

Market Market Price
Date Company HQs Sector Industry Price Price Change

Maryland IPOs During Obama

6/16/10 BroadSoft  Gaithersburg Technology Application Software $28.41 $8.30 242%
2/1/12 U.S. Silica Holdings  Frederick Basic Materials Industrial Metals & Minerals $35.24 $16.00 120%
1/10/14 GlycoMimetics  Gaithersburg Health Care Biotechnology $17.00 $9.01 89%
10/1/10 The KEYW Holding  Hanover Technology Application Software $20.34 $11.38 79%
5/1/12 Supernus Pharmaceuticals  Rockville Healthcare Generic Drugs $9.15 $5.37 70%
12/9/09 Pebblebrook Hotel Trust  Bethesda Financial REIT-Hotel/Motel $34.52 $20.45 69%
12/15/10 Walker & Dunlop  Bethesda Financial Real Estate Development $15.96 $9.90 61%
5/11/11 RLJ Lodging Trust  Bethesda Financial REIT-Hotel/Motel $26.51 $17.68 50%
1/22/10 Chesapeake Lodging Trust  Annapolis Financial REIT-Hotel/Motel $26.15 $19.00 38%
10/10/13 MacroGenics  Rockville Health Care Biotechnology $33.30 $24.99 33%
4/18/13 Hannon Armstrong Sustainable Infrastructure Capital   Annapolis Financial REIT-Diversified $14.65 $11.40 29%
8/4/11 American Capital Mortgage Investment  Bethesda Financial REIT-Diversified $19.86 $18.41 8%
3/29/12 Millennial Media  Baltimore Services Marketing Services $6.84 $25.00 -73%

Average % Change all 13


Average Number of Months 13 Stocks Traded 29