IPOBoutique.Com rates secondary offerings to hit the tape with a ‘BUY’, ‘NEUTRAL’ or ‘AVOID’ rating. Senior Managing Partner Scott Sweet maintains a track record for all secondary’s he’s issued with a ‘BUY’ rating.
Company: Echo Global Logistics, Inc.
Symbol: ECHO
Price: Last trade $32.68
Trade Date: 4/30
Shares: 5 million
Underwriter(s) Morgan Stanley, Credit Suisse
Co Manager(s) PNC Capital Markets, Stephens Inc.
Rating=Subscription Needed
Company: Paratek Pharmaceuticals, Inc.
Symbol: PRTK
Price: Last trade $27.18
Trade Date: 4/30
Shares: 2.2 million
Underwriter(s) Leerink Partners, Guggenheim Securities, Ladenburg Thalmann
Co Manager(s) BTIG, Cantor Fitzgerald
Rating=Subscription Needed
Company: GW Pharmaceuticals PLC
Symbol: GWPH
Price: Last trade $114.99
Trade Date: 4/29
Shares: 1.25 million
Underwriter(s) Morgan Stanley, BofA Merrill Lynch, Cowen & Co., Piper Jaffray
Rating=Subscription Needed
Company: Freshpet, Inc.
Symbol: FRPT
Price: Last trade $23.27
Trade Date: 4/30
Shares: 5.3 million
Underwriter(s) Goldman Sachs, Credit Suisse
Co Manager(s) Baird, Stifel, SunTrust Robinson Humphrey, Canaccord Genuity
Rating=Subscription Needed
Company: Springleaf Holdings, Inc.
Symbol: LEAF
Price: Last trade $52.40
Trade Date: 4/29
Shares: 22.7 million
Underwriter(s) Citigroup, Goldman Sachs, Barclays, Credit Suisse
Co Manager(s) Natixis, RBC Capital Markets, Wells Fargo Securities
Rating=Subscription Needed
Company: CoreSite Realty Corporation
Symbol: COR
Price: Last trade $50.06
Trade Date: 4/28
Shares: 4.5 million
Underwriter(s) Jefferies, Citgroup
Rating=Subscription Needed