Saturday, October 25, 2014

Massachusetts Technology and Health Care Company Stock Market Prices Up 371% Since March 6, 2009.....34 Health Care & Technology IPOs Since 2009 Up 75%

Since there is an important upcoming Massachusetts US Senate Race as well as a Massachusetts Governor's Race, I think it would be helpful to update how what Massachusetts is known for.....its many Health Care & Technology Companies.....have done on the stock market price front since March 6, 2009, which was the very bottom point of the US Stock Market due to the spillover effects resulting from the disastrous 2008 financial meltdown.

I found 40 Massachusetts Health Care and 38 Massachusetts Technology Companies in Yahoo's or Google's superb Finance websites or from SEC filings with current Total Stock Market Capitalizations of more than $100 mil each and which also had their common stocks trading on each of the following three dates:
  • On December 31, 2007 during President Bush's second term
  • On March 6, 2009, very early in President Obama's first term, which was the lowest point for the US stock market due to the spillover effects resulting from the 2008 financial meltdown, and 
  • also on the most recent date October 24, 2014.
The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 78 Massachusetts Health Care & Technology Companies had their average equal-company-weighted stock market prices decline by a huge 53% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.

But in the five years and eight months since March 6, 2009 through October 24, 2014, the average stock market prices of these same 78 Massachusetts Health Care & Technology Companies have increased by an impressive 371%.

Also, in the six years and ten months from December 31, 2007 before the 2008 financial meltdown to the most recent date October 24, 2014, the equally-company-weighted average stock market prices of these same 78 Massachusetts Health Care & Technology Companies have increased by an impressive 83%...... yeah, these Massachusetts Companies have not just recouped the massive amount they lost with the disastrous 2008 financial meltdown, but also added another 83%.

Below here are the stock market prices of each of these 78 Massachusetts Companies, on October 24, 2014, on March 6, 2009, and on December 31, 2007, along with the related Stock Market Price Percentage Changes:




Market Market Market






Price Price Price






% % %






Change Change Change



Market Market Market 3-6-09 12-31-07 12-31-07



Price Price Price to to to
Massachusetts Company HQs
10-24-14 3-6-09 10-24-14 8-18-14 3-6-09 10-24-14



$s $s $s


Technology







Entegris Billerica MA      11.96        0.64        8.63 1769% -93% 39%
Xcerra Norwood MA        8.41        0.57        9.54 1375% -94% -12%
Monotype Imaging Holdings Woburn MA      27.88        2.43      15.17 1047% -84% 84%
Axcelis Technologies Beverly MA        1.98        0.20        4.60 890% -96% -57%
Datawatch Chelmsford MA      10.18        1.07        5.92 851% -82% 72%
IPG Photonics Oxford MA      66.75        7.36      19.99 807% -63% 234%
Skyworks Solutions Wobum MA      55.04        6.94        8.50 693% -18% 548%
Cognex Natick MA      38.47        4.98      11.91 673% -58% 223%
M/A-Com Technology Solutions Lowell MA      21.12        2.85      13.21 641% -78% 60%
GSI Group Bedford MA      11.86        1.65      27.72 619% -94% -57%
Virtusa Westborough MA      36.26        5.75      17.33 531% -67% 109%
Bruker Billerica MA      20.08        3.82        7.51 426% -49% 167%
Teradyne North Reading MA      18.11        3.50      10.34 417% -66% 75%
PTC Inc Needham MA      36.49        7.40      17.85 393% -59% 104%
iRobot Bedford MA      34.39        7.21      18.08 377% -60% 90%
athenahealth Watertown MA     117.97      26.66      36.00 342% -26% 228%
Sapient Boston MA      14.42        3.45        8.81 318% -61% 64%
Atlantic Tele-Network Beverly MA      61.49      15.43      33.78 299% -54% 82%
Aspen Technology Burlington MA      38.50        9.72      16.22 296% -40% 137%
TechTarget Newton MA        9.13        2.65      14.78 245% -82% -38%
Akamai Technologies Cambridge MA      55.28      16.36      34.60 238% -53% 60%
Brooks Automation Chelmsford MA      11.29        3.44      13.21 228% -74% -15%
Waters Corp Milford MA     108.21      33.24      48.97 226% -32% 121%
NetScout Systems Westford MA      35.23      11.42      12.77 208% -11% 176%
Pegasystems Cambridge MA      20.51        7.04        5.97 191% 18% 244%
MKS Instruments Andover MA      35.19      12.14      22.58 190% -46% 56%
EMC Corp Hopkinton MA      28.17        9.93      18.53 184% -46% 52%
Vicor Andover MA      11.34        4.13      15.59 175% -74% -27%
Hittite Microwave Chelmsford MA      78.00      28.70      47.76 172% -40% 63%
Sonus Networks Westford MA        3.21        1.19        5.83 170% -80% -45%
Analogic Corp Peabody MA      71.63      27.00      56.14 165% -52% 28%
Progress Software Bedford MA      25.48      10.03      22.45 154% -55% 13%
Analog Devices Norwood  MA      46.85      18.48      31.70 154% -42% 48%
Mercury Systems Chelmsford MA      11.99        5.05      16.11 137% -69% -26%
Kopin Westboro MA        3.36        1.57        3.16 114% -50% 6%
Nuance Communications Burlington MA      14.86        7.99      18.68 86% -57% -20%
SeaChange Intl Acton MA        6.50        4.32        7.23 50% -40% -10%
Avid Technology Burlington MA      10.05        8.67      28.34 16% -69% -65%









Average % Change all 38 Massachusetts Technology



418% -58% 74%









Health Care







Insulet Bedford MA      39.41        3.36      23.48 1073% -86% 68%
Synageva BioPharma Lexington MA      76.97        6.70      34.90 1049% -81% 121%
Anika Therapeutics Bedford MA      39.02        3.55      14.55 999% -76% 168%
Idenix Pharmaceuticals Cambridge MA      24.50        2.67        2.70 818% -1% 807%
PAREXEL Intl Waltham MA      63.74        7.95      24.15 702% -67% 164%
Biogen Idec Cambridge MA     321.67      44.23      56.92 627% -22% 465%
pSivida Watertown MA        4.23        0.64        3.16 561% -80% 34%
Repligen Waltham MA      24.11        3.73        6.55 546% -43% 268%
Nxstage Medical Lawrence MA      14.79        2.30      15.17 543% -85% -3%
Sarepta Therapeutics Cambridge MA      23.56        3.78        8.46 523% -55% 178%
Alnylam Pharmaceuticals Cambridge MA      93.84      15.79      29.08 494% -46% 223%
Dyax Burlington MA      10.81        2.17        3.66 398% -41% 195%
Ariad Pharmaceuticals Cambridge MA        5.83        1.20        4.25 386% -72% 37%
ABIOMED Danvers MA      24.18        4.99      15.54 385% -68% 56%
Cubist Pharmaceuticals Lexington MA      70.93      14.67      20.51 384% -28% 246%
ZIOPHARM Oncology Boston MA        3.24        0.70        3.54 363% -80% -8%
Cynosure Westford MA      20.70        4.93      26.46 320% -81% -22%
Vertex Pharmaceuticals Cambridge MA     109.91      27.77      23.23 296% 20% 373%
LeMaitre Vascular Burlington MA        7.10        1.96        6.20 262% -68% 15%
PerkinElmer Waltham MA      41.72      11.52      26.02 262% -56% 60%
Five Star Quality Care Newton MA        4.05        1.14        8.30 255% -86% -51%
Covidien plc Mansfield MA      89.64      25.48      40.29 252% -37% 123%
Thermo Fisher Scientific Waltham MA     117.90      34.16      57.68 245% -41% 104%
Psychemedics Acton MA      13.70        4.04      16.05 239% -75% -15%
Celldex Therapeutics Needham MA      15.50        5.35        6.00 190% -11% 158%
Hologic Bedford MA      24.94        9.70      34.32 157% -72% -27%
Charles River Laboratories Wilmington MA      63.69      25.12      65.80 154% -62% -3%
Harvard Bioscience Holliston MA        4.79        1.95        3.47 146% -44% 38%
Boston Scientific Natick MA      12.99        6.33      11.63 105% -46% 12%
ImmunoGen Waltham MA        8.75        4.91        4.15 78% 18% 111%
Alere Waltham MA      37.55      21.97      56.18 71% -61% -33%
Agenus Lexington MA        3.00        1.80      12.24 67% -85% -75%
Infinity Pharmaceuticals Cambridge MA      12.73        8.00        9.55 59% -16% 33%
Momenta Pharmaceuticals Cambridge MA      11.02        7.44        7.14 48% 4% 54%
AMAG Pharmaceuticals Lexington MA      33.29      24.62      60.13 35% -59% -45%
Haemonetics Braintree MA      36.00      26.69      31.51 35% -15% 14%
Synta Pharmaceuticals Lexington MA        3.03        2.38        6.70 27% -64% -55%
Curis Lexington MA        1.32        1.18        0.98 12% 20% 35%
Advanced Cell Technology Marlborough MA        6.91      11.00      17.00 -37% -35% -59%
Idera Pharmaceuticals Cambridge MA        2.46        5.16      13.10 -52% -61% -81%









Average % Change all 40 Massachusetts Health Care



327% -49% 92%









Average % Change all 78 Massachusetts Technology & Health Care

371% -53% 83%

In addition to the above 78 Massachusetts Health Care & Technology, there have been 34 additional ones which have filed Initial Public Offerings since 2009 with total stock market capitalization now of at least $100 mil and their average stock market price appreciation over their Offering Price was a very impressive 75%, as you can see in the below chart.  Just like California, Massachusetts is also a very entrepreneurial State when it comes to High Technology and Health Care.























%








Market








Price






10-24-14
Change






Stock
From
IPO
City State

Market Offering Offering
Date Company HQs
Sector Industry Price Price Price

Massachusetts IPOs Since 2009







Health Care






7/24/13 Agios Pharmaceuticals  Cambridge MA Health Care Biotechnology     80.61     18.00 348%
3/20/13 Tetraphase Pharmaceuticals  Watertown MA Health Care Major Drug Manufacturers     24.02       7.00 243%
10/22/10 Aegerion Pharmaceuticals  Cambridge MA Healthcare Biotechnology     30.66       9.50 223%
3/21/13 Enanta Pharmaceuticals   Watertown MA Health Care Biotechnology     45.17     14.00 223%
6/6/2014 Radius Health Cambridge MA Health Care Biotechnology     19.65       8.00 146%
6/20/13 bluebird bio  Cambridge MA Health Care Biotechnology     41.00     17.00 141%
9/19/13 Acceleron Pharma   Cambridge MA Health Care Biotechnology     34.24     15.00 128%
11/6/13 Karyopharm Therapeutics  Natick MA Health Care Major Drug Manufacturers     35.72     16.00 123%
6/28/12 TESARO  Waltham MA Healthcare Biotechnology     28.10     13.00 116%
7/18/2014 Sage Therapeutics Cambridge MA Health Care Biotechnology     38.47     18.00 114%
5/31/13 Epizyme  Cambridge MA Health Care Biotechnology     29.70     15.00 98%
2/12/14 Flexion Therapeutics  Burlington MA Health Care Major Drug Manufacturers     18.61     13.00 43%
9/25/13 Foundation Medicine  Cambridge MA Health Care Medical Labs & Research     24.71     18.00 37%
3/29/12 Merrimack Pharmaceuticals  Cambridge MA Healthcare Biotechnology       9.37       7.00 34%
8/7/2014 T2 Biosystems Lexington MA Health Care Diagnostics     14.11     11.00 28%
2/3/10 Ironwood Pharmaceutical  Cambridge MA Healthcare Drugs- Generic     13.26     11.25 18%
3/20/2014 Akebia Therapeutics Cambridge MA Health Care Biotechnology     19.72     17.00 16%
6/19/2014 ZAFGEN Cambridge MA Health Care Biotechnology     18.28     16.00 14%
7/25/2014 Ocular Therapeutix Bedford MA Health Care Biotechnology     13.44     13.00 3%
2/13/14 Concert Pharmaceuticals   Lexington MA Health Care Biotechnology     13.78     14.00 -2%
1/27/12 Verastem  Cambridge MA Healthcare Biotechnology       9.59     10.00 -4%
9/17/2014 Civitas Solutions Boston MA Health Care Long-term Care Facilities     15.64     17.00 -8%
2/5/14 Genocea Biosciences  Cambridge MA Health Care Biotechnology       8.84     12.00 -26%
1/30/14 Dicerna Pharmaceuticals  Watertown MA Health Care Biotechnology       9.70     15.00 -35%
9/20/13 BIND Therapeutics  Cambridge MA Health Care Biotechnology       7.72     15.00 -49%










Average % Change all 25 Health Care




79%










Technology






3/15/12 Demandware  Burlington MA Technology Application Software     54.64     16.00 242%
7/1/09 LogMeIn  Woburn MA Technology Application Software     44.96     16.00 181%
3/11/10 Sensata Technologies  Attleboro MA Technology Scientific & Technical Instruments     46.33     18.00 157%
10/25/13 Endurance International Group Holdings  Burlington MA Technology Application Software     15.87     12.00 32%
10/9/2014 HubSpot Cambridge MA Technology Application Software 32.11 25.00 28%
3/15/12 M/A-COM Technology Solutions Holdings  Lowell MA Technology Semiconductor-Broad Line     21.12     19.00 11%
6/28/12 Exa Corporation  Burlington MA Technology Application Software     10.49     10.00 5%
6/25/2014 Imprivata Lexington MA Technology Health Care Authentication 13.00 15.00 -13%
2/17/12 Brightcove  Boston MA Technology Application Software       5.20     11.00 -53%










Average % Change all 9 Technology




66%










Average % Change all 34 Health Care & Technology




75%




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