initial public offerings (IPOs) trading on American exchanges

Friday, December 27, 2013

QTS Realty Trust (QTS) began trading on the NYSE on 9 October 2013

Description

QTS Realty Trust, Inc. is a owner, developer and operator of carrier-neutral, multi-tenant data centers. The Company’s data centers are facilities that house the network and computer equipment of multiple customers and provide access to a range of communications carriers. The Company has a fully integrated platform through which it owns and operates its data centers and provides a range of information technology (IT) infrastructure solutions. The Company refer to its spectrum of core data center products as its 3Cs which consists of Custom Data Center, Colocation and Cloud and Managed Services. As of June 30, 2013, this space included approximately 714,000 raised floor operating net rentable square feet (NRSF). The Company operates a portfolio of 10 data centers across seven states, located in some of the top United States data center markets plus other high-growth markets.

Address

SUITE 205, 12851 FOSTER STREET
OVERLAND PARK, KS 66213
United States

Key stats and ratios

Q3 (Sep '13)2012
Net profit margin5.89%-6.70%
Operating margin15.32%10.64%
EBITD margin-36.87%
Return on average assets1.41%-1.62%
Return on average equity8.55%-12.09%
Employees415

Tetralogic Pharmaceuticals (TLOG) began trading on the NASDAQ on 12 December 2013


TetraLogic Pharmaceuticals Corporation (TetraLogic) is a clinical-stage biopharmaceutical company. The Company focuses on discovering and developing novel small molecule therapeutics that mimic Second Mitochondrial Activator of Caspases (SMAC)-mimetics, and are designed to cause or enable abnormal cells that are resistant to the body's immune system to self-destruct. Birinapant, its clinical-stage product candidate, is being tested in Phase I and Phase II oncology clinical trials for multiple solid tumors and hematological malignancies. The Company’s clinical trials of birinapant have enrolled over 275 subjects. The Company’s lead program is colorectal cancer (CRC), where it has substantially completed a Phase I/II clinical trial. TetraLogic's lead Smac mimetic drug, birinapant (formerly TL32711), is in Phase II clinical trials and is being developed for both solid tumors and hematological malignancies as a single agent and in combination with several standard-of-care cancer therapies.

Address

343 PHOENIXVILLE PIKE
MALVERN, PA 19355
United States

Thursday, December 26, 2013

Cvent (CVT) : 4-month performance


Textura (TXTR) shares plunge after fraud allegations

Deerfield, Illinois-based construction-software maker Textura Corp., which had one of the year's top IPOs, has been accused of lying to the SEC by short-seller Citron Research.

Textura shares slide nearly 17 percent on the report, closing at $31.43.



In a statement, Textura responded, "(We) find this report to include a variety of inaccurate and misleading statements and gross distortions. Textura completely rejects any allegation of fraud, collusion or deception in Textura's IPO or SEC filings."

"Textura encourages investors to rely on Textura's filings with the SEC as providing accurate information regarding the company and its performance, and not to rely on reports which may have purposes other than giving investors accurate information and impartial analysis," the statement continued.

Saturday, December 21, 2013

Friday, December 20, 2013

Arc Logistics Partners (ARCX) : 1-month performance


Delivery Agent eyes $100m IPO



Commerce technology company Delivery Agent, which sells products such as a $30,000 Game of Thrones replica iron throne, is reportedly looking to raise around $100m via an IPO next year.

The venture capital-backed company has hired banks Deutsche Bank and Credit Suisse to manage the IPO, which is expected to take place in mid-2014, said Reuters, citing two sources familiar with the matter.

Delivery Agent enables viewers to purchase products they see on TV shows. Its partners include Fox, CBS, HBO, Showtime, AT&T, Visa, and PepsiCo.

The company is backed by Bessember Venture Partners, Samsung, Cardinal Venture Capital, Worldwide Technology Partners and Liberty Global and Intel Capital, which led a $35.5m Series E round for the company in 2011.

Thursday, December 19, 2013

Facebook (FB) CEO Mark Zuckerberg to sell 70 million shares

Facebook (FB) stock fell Thursday after the company said in a regulatory filing that CEO Mark Zuckerberg plans to sell more than 40 million shares as part of the company's first follow-on stock offering, which will total about $4 billion.


Facebook stock was down 2.4% in midday trading in the stock market today. The stock fell as much as 5.2% in heavy pre-market trading Thursday, according to the Nasdaq exchange.

Zuckerberg plans to buy 60 million Class B shares as part of a longstanding option, and 41.4 million of those shares will immediately convert to Class A shares and be sold, according to the filing.

At Thursday's midday price of 54.16, Zuckerberg would get about $2.24 billion, which the company he'll mostly use to pay taxes on the 60 million share option.

The action is part of a secondary stock offering in which the company will sell 27 million shares. Shareholders, including Zuckerberg, will sell about 43 million shares.

The follow-on offering is the company's first since its May 2012 initial public offering, which raised about $16 billion.

The new sale will knock Zuckerberg's holdings to 56.1% of the company's voting power, down from 58.8%, according to Facebook.

The approximately $1.46 billion that the company will raise in the offering will be used for general working capital, says Facebook.

Control4 (CTRL) began trading on the NASDAQ on 29 July 2013


Description

Control4 Corporation is a provider of automation and control solutions for the connected home. The Company provides its consumers with the ability to integrate music, video, lighting, temperature, security, communications and other functionalities into a unified home automation solution. The Company's solution functions as the operating system of the home, making connected devices work together to control, automate and personalize the homes of its consumers. Control4 Home Operating System (C4 OS) is one of the product line of the Company. It embeds its C4 OS in a range of products, including controller appliances, interfaces and connected devices that interact with various music, video, lighting, temperature, security, communications and other devices. The Company offers its 4Sight subscription service, which allows consumers to control and monitor their homes remotely from their smartphone, tablet or laptop, and allows its dealers to perform remote diagnostic services.

Address

11734 S. Election Road
SALT LAKE CITY, UT 84020
United States

Key stats and ratios

Q1 (Mar '13)2012
Net profit margin-5.54%-3.40%
Operating margin-5.56%-2.80%
EBITD margin-1.63%
Return on average assets-11.79%-7.91%
Return on average equity--
Employees333

Rocket Fuel (FUEL) : 3-month performance


Tremor Video (TRMR) began trading on the NYSE on 24 June 2013


Description

Tremor Video, Inc.( Tremor Video) is a provider of technology-driven video advertising solutions enabling brand advertisers to engage consumers across multiple Internet-connected devices, including computers, smartphones, tablets and connected televisions. The Company’s clients include brand advertisers globally, including automakers and consumer packaged goods companies. The Company’s technology, VideoHub, analyzes in-stream video content, detects viewer and system attributes, and leverages its repository of stored data to optimize video ad campaigns for brand-centric metrics. VideoHub also provides advertisers and agencies with analytics and measurement tools enabling them to understand why, when and where viewers engage with their video ads.

Address

53 West 23rd Street
NEW YORK, NY 10010
United States 

Key stats and ratios

Q2 (Jun '13)2012
Net profit margin-0.77%-15.82%
Operating margin-0.64%-15.33%
EBITD margin--9.64%
Return on average assets-0.86%-12.43%
Return on average equity--
Employees263

Wednesday, December 18, 2013

Gogo (GOGO) shares drop 15% as IPO lockup period ends


Gogo Inc. shares dropped sharply today as lockup restrictions on the stock expired and one of its largest investors, a private-equity fund, distributed shares to its limited partners.


Gogo's stock fell 13 percent to about $27 this morning. But the stock, which had a slow start after going public in June, was up 81 percent from its $17 IPO price before today, when Ripplewood Holdings announced the distribution of shares to its own stockholders.

New York-based Ripplewood, which invested in Gogo in 2006, owns 38 percent of the company's stock. Lockup restrictions, which prevent insiders from trading or distributing their shares for a predetermined period after an IPO, expired. But it will be up to Ripplewood shareholders to decide whether to sell their Gogo shares.

"This share distribution was made to provide our limited partners with greater flexibility to achieve liquidity," Ripplewood founder Timothy Collins said in a statement. "We continue to believe that Gogo has a very bright future as a leader and pioneer in the in-flight connectivity and digital entertainment solutions markets, and we have been extremely pleased by the performance of the company and the success of our investment in Gogo."

Gogo, based in Itasca, provides in-flight Wi-Fi and entertainment on commercial planes, including Delta and American Airlines. The company, formerly known as Aircell, was founded in 1991 and took a lot of time and money to get off the ground.

Gogo's second-largest shareholder, Oakleigh Thorne, holds about 29 percent of the company's stock.

AMC Theatres (AMC) began trading on the NYSE on 18 December 2013


AMC Theatres arrives at the NYSE to mark its first day of trading under the ticker symbol “AMC.” To celebrate the company’s debut, AMC brought the movie theatre experience to the NYSE by serving popcorn and soda to the trading floor community, and displaying its latest theatre seating on the trading floor. To top it all off, President and CEO Gerry Lopez, rang the NYSE Opening Bell to highlight AMC’s exciting IPO.

CEO and AMC President Gerry Lopez rings the opening bell at the New York Stock Exchange on December 18, 2013




The nation's No. 2 movie theater chain, AMC Entertainment, launched its initial public offering Wednesday, topping off a blockbuster year for IPOs.

The company raised $332 million by selling 18.4 million shares at $18 a share. That share price came in at the low end of the company's expected price range of between $18 and $20 a share. Shares closed higher by 90 cents, or 5.0% to $18.90 in their first day of trading.

Investors are encouraged by the company's trends to be more profitable. AMC reported net income of $84.8 million during the nine months ended Sept. 30, reversing a $43.0 million loss during the same period a year ago.

Growth is somewhat slow, though. During the nine months ended Sept. 30, AMC opened three theaters with 25 screens and closed four theaters with 29 screens. All told, the company has interests in 343 theaters with 4,950 screens. Only Regal Entertainment is bigger, with 7,334 screens at 575 theaters.

AMC's second biggest business driver is concessions. The company is trying to boost profit by increasing high-end food choices and introducing made-to-order beverages. AMC plans to invest $45 million a year on average over the next five years to upgrade the food options at 200 theaters.

The company also plans to upgrade the seating at many theaters. AMC has plans to invest $600 million to add recliners over the next five years starting in 2014.

IPO watchers see AMC as the closing act of what was a banner year for IPOs. All told, there were 222 IPOs to start trading in 2013, the best year since the peak of the dot-com Internet IPO bubble in 2000, says Renaissance Capital.

Heat Biologics (HTBX) - 5-month performance


Allegion (ALLE) began trading on the NYSE on 18 November 2013


Allegion Chairman, President and CEO Dave Petratis rings the Opening Bell at the New York Stock Exchange on December 9, 2013

Allegion PLC (NYSE: ALLE), a leading global provider of security products and solutions, visited the NYSE to celebrate its debut as a standalone, publicly-traded company following its spinoff from Ingersoll Rand (NYSE: IR). To mark the occasion, Allegion Chairman, President and CEO Dave Petratis rang the NYSE Opening Bell.


Description

Allegion plc is a global provider of security products and solutions. The Company offers a portfolio of mechanical and electronic security products across a range of brands. The Company operates in three geographic regions: Americas; Europe, Middle East, India and Africa (EMEIA), and Asia Pacific. As of November 15, 2013, the Company was selling its security products and solutions under 23 brands in 120 countries, including Schlage, Von Duprin, LCN, CISA and Interflex. It sell a range of security products and solutions for end-users in commercial, institutional and residential facilities worldwide, including into the education, healthcare, government, commercial office and single- and multi-family residential markets. As of November 15, 2013, it operated 18 production facilities, including nine in the Americas region, seven in EMEIA and two in Asia Pacific.

Address

Block D Iveagh Court, Harcourt Road, Dublin 2
DUBLIN,
Ireland
+353-1-2546200 (Phone)

Website links

Key stats and ratios


Q3 (Sep '13)2012
Net profit margin-12.72%11.14%
Operating margin-4.13%18.01%
EBITD margin-20.53%
Return on average assets-13.83%11.34%
Return on average equity-23.51%16.13%
Employees7,600

Tuesday, December 17, 2013

Rally Software Development (RALY) began trading on the NYSE on 6 May 2013


Description

Rally Software Development Corp. is a global provider of cloud-based solutions for managing Agile software development. The Company's platform transforms the way organizations manage the software development lifecycle by enabling close alignment of software development and strategic business objectives, facilitating collaboration, increasing transparency, and automating manual processes. Organizations use its solutions to accelerate the pace of innovation, improve productivity and more effectively adapt to rapidly-changing customer needs and competitive dynamics. Its enterprise-class platform is extensible, cost-effective and designed to be easy to use. Agile is a software development methodology characterized by short, iterative and adaptable development cycles.

Address

3333 Walnut St
BOULDER, CO 80301-2515
United States 

Website 

www.rallydev.com

Key stats and ratios

Q3 (Jul '13)2013
Net profit margin-11.51%-18.96%
Operating margin-11.41%-17.48%
EBITD margin--15.62%
Return on average assets-7.08%-27.88%
Return on average equity-11.03%-
Employees360

Potbelly (PBPB) : 2-month performance


Veracyte (VCYT) began trading on the NASDAQ on 30 October 2013


Description

Veracyte, Inc. is a diagnostics company focused on molecular cytology. The Company focuses on diseases that often require invasive procedures for an accurate diagnosis. The Company discovers, develops and commercializes molecular diagnostic solutions that enable physicians to make informed treatment decisions early, thus helping patients avoid unnecessary invasive procedures The Company’s first commercial solution is Afirma Thyroid FNA Analysis which include Gene Expression Classifier (GEC). The GEC employs a 142-gene signature to preoperatively determine whether thyroid nodules previously classified by cytopathology as indeterminate can be reclassified as benign. The Company operates in South San Francisco, California and Austin, Texas.

Address

Suite 250, 7000 Shoreline Court
SOUTH SAN FRANCISCO, CA 94080
United States

Website 

www.veracyte.com

Key stats and ratios

Q2 (Jun '13)2012
Net profit margin-128.06%-160.38%
Operating margin-106.89%-162.79%
EBITD margin--156.72%
Return on average assets-132.35%-126.36%
Return on average equity--
Employees107

CST Brands (CST) began trading on the NYSE on 15 April 2013


Description

CST Brands, Inc. is a retailer of transportation fuels and convenience goods in North America. As of April 30, 2013, the Company operated 1,032 Corner Stores throughout the United States, including Texas, Louisiana, Arkansas, Oklahoma, New Mexico, Colorado, Wyoming, Arizona and California. Its stores also provide prepared foods. The Company offers a range of products, such as snack foods, tobacco products, beverages and fresh foods, including its own brands: Fresh Choices sandwiches, salads and packaged goods; U Force energy drinks; Cibolo Mountain coffees (the United States); Transit Cafe coffee and bakery (Canada); FC bottled sodas, and Flavors 2 Go fountain sodas. Its Corner Store locations also provide in-store Subway sandwich shops. In May 2013, the Company announced that the Company which includes Corner Store and Depanneur du Coin, spun off from Valero Energy Corporation.

Address

Building D, Suite 200, One Valero Way
SAN ANTONIO, TX 78249
United States 

Key stats and ratios

Q3 (Sep '13)2012
Net profit margin1.24%1.60%
Operating margin2.05%2.40%
EBITD margin-3.24%
Return on average assets7.11%12.35%
Return on average equity28.90%16.83%
Employees11,640

Qiwi (QIWI) began trading on the NASDAQ on 29 April 2013


Description

QIWI plc. is a provider of payment services in Russia and Commonwealth of Independent States (CIS). The Company has an integrated network that enables payment services across physical, online and mobile channels. The Company has deployed over 11 million virtual wallets, over 169,000 kiosks and terminals, and enabled over 40,000 merchants to accept cash and electronic payments monthly from over 65 million consumers using the Company 's network at least once a month. The Company’s consumers can use cash, stored value and other electronic payment methods to order and pay for goods and services across physical or online environments interchangeably.

Address

Kennedy Business Centre, 2nd Floor Office 203,12-14 Kennedy Ave.
NICOSIA, 1087
Cyprus

Key stats and ratios

Q4 (Dec '12)2012
Net profit margin12.70%11.76%
Operating margin17.86%16.67%
EBITD margin-18.16%
Return on average assets8.46%6.16%
Return on average equity51.82%46.11%
Employees1,013

Chimerix (CMRX) began trading on the NASDAQ on 8 April 2013


Description

Chimerix, Inc. is a biopharmaceutical company committed to the discovery, development and commercialization of novel, oral antiviral therapeutics that are designed to transform patient care in areas of high unmet medical need. Its lipid technology has given rise to two clinical-stage compounds, CMX001 and CMX157, which have demonstrated the potential for enhanced antiviral activity and safety in convenient, orally administered dosing regimens. CMX001 is an orally administered drug that utilizes its lipid technology to deliver intracellular concentrations of a potent antiviral compound, cidofovir-diphosphate (CDV-PP). CMX157, Its second clinical stage compound, is an oral nucleotide compound in Phase 1 development for the treatment of human immunodeficiency virus (HIV) infection.

Address

Suite 340 2505 Meridian Parkway
DURHAM, NC 27713
United States

Website 

www.chimerix.com

Key stats and ratios

2012
Net profit margin--13.07%
Operating margin--8.25%
EBITD margin--7.42%
Return on average assets--15.34%
Return on average equity--
Employees46,000

LightInTheBox (LITB) : 6-month performance


Monday, December 16, 2013

MiX Telematics (MIXT) began trading on the NYSE on 9 August 2013


  • MiX Telematics (MIXT) priced 6.296M shares at $16.00. 
  • Raymond James and William Blair acted as joint book running managers for the offering. 
  • Open $19.50 on 200K shares


Description

MiX Telematics Limited is a provider of fleet and mobile asset management solutions delivered as software-as-a- service (SaaS). The Company’s consumer offering consists of stolen vehicle recovery products and services sold under the beam-e or Matrix product brands in South Africa, as well as personal services, such as Crash Alert, road-side assistance, Internet tracking and tax logbook. The Company also offers Smartphone applications to support all of the tracking products in its portfolio. The FM Communicator is the Company’s flagship on-board computer, installed in hundreds of thousands of fleet vehicles worldwide, while FM-Web is the Company’s Web-based service, through which commercial fleet customers access their fleet information and generate key reports.

Address

Waterfall Park, Howick Close, Midrand
STELLENBOSCH, 1686
South Africa

Fate Therapeutics (FATE) began trading on the NASDAQ on 10 October 2013


Description

Fate Therapeutics, Inc, is a clinical-stage biopharmaceutical company engaged in the discovery and development of pharmacologic modulators of adult stem cells to treat orphan diseases, including hematologic malignancies, lysosomal storage disorders and muscular dystrophies. Its approaches utilize pharmacologic modalities, including small molecules and therapeutic proteins, and biological mechanisms to enhance the therapeutic potential of adult stem cells.

Address

Suite 200, 3535 General Atomics Court
SAN DIEGO, CA 92121
United States 

Key stats and ratios

Q2 (Jun '13)2012
Net profit margin-1908.28%-533.30%
Operating margin-1472.07%-519.85%
EBITD margin--485.28%
Return on average assets-352.05%-150.45%
Return on average equity--
Employees33

Benefitfocus (BNFT) began trading on the NASDAQ on 18 September 2013


Description

Benefitfocus, Inc. is a provider of cloud-based benefits software solutions for consumers, employers, insurance carriers, and brokers. The Benefitfocus platform provides an integrated suite of solutions that enables its employer and insurance carrier customers to more efficiently shop, enroll, manage, and exchange benefits information. The Company’s solutions supports benefits plans, including healthcare, dental, life, and disability insurance, and voluntary benefits plans. The Company provide a multi-tenant cloud-based benefit platform to the employer and carrier markets.

Address

100 Benefitfocus Way
CHARLESTON, SC 29492
United States 

Key stats and ratios

Q2 (Jun '13)2012
Net profit margin-31.51%-18.03%
Operating margin-31.06%-17.67%
EBITD margin--7.52%
Return on average assets-56.72%-30.02%
Return on average equity--
Employees800

Veeva (VEEV) : 2-month performance