If you want to understand our stock price, you just have to look at and compare our US stock ownership vs. peers. Nasdaq makes this information public.
Shire has a paltry 21% of equity owned by institutional investors (glaringly low), compared to Biogen's 89% and Alexion's 95% institutional ownership.
Why such a huge difference? Institutional investors who listen to our CEO very carefully and analyze our corporate performance and outlook versus expectations set by management have been dumping our stock and putting their money behind other companies.
In the last reporting period, Shire had 49 new institutional investors and lost 95 institutional investors (who sold out their positions completely). In other words, 2 institutional investors left Shire for every one new institutional investor that came in.
By comparison, Biogen had 90 new and 74 sold out, and Alexion had 87 new and 49 sold out. Unlike us, these companies are gaining more institutional investors than they are losing.
Institutional investors are dumping Shire 2:1 while buying companies like Biogen and Alexion instead.
If you want to see it all for yourself, go to this link for Shire and type in other ticker symbols for comparison:
http://www.nasdaq.com/symbol/shpg/institutional-holdings