Secondaries announced 5.02.2016

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: Sterling Construction
Symbol: STRL
Price: Last trade $5.24
Trade Date: 5/4
Shares: 4.5 million
Underwriter(s) D.A. Davidson
Rating=Subscription Needed

Company: EQT Corporation
Symbol: EQT
Price: Last trade $69.21
Description: Re-offer range $65.30-$68.30
Trade Date: 5/3
Shares: 9.5 million
Underwriter(s) Credit Suisse, J.P. Morgan
Rating=Subscription Needed

Company: Ally Financial-BLOCK
Symbol: ALLY
Price: Last trade $17.81
Description: Re-offer range $17.30-$17.50
Trade Date: 5/3
Shares: 15 million
Underwriter(s) Morgan Stanley
Rating=Subscription Needed

Company: The Carlyle Group LP-BLOCK
Symbol: CG
Price: Last trade $17.08
Description: Re-offer $16.95
Trade Date: 5/3
Shares: 300,000
Underwriter(s) Morgan Stanley
Rating=Subscription Needed

Company: The First of Long Island Corporation
Symbol: FLIC
Price: Last trade $31.49
Trade Date: 5/5
Shares: 1.1 million
Underwriter(s) Sandler O’Neill & Partners
Rating=Subscription Needed

Company: INC Research Holdings, Inc.
Symbol: INCR
Price: Last trade $47.45
Trade Date: 5/3
Shares: 8 million
Underwriter(s) J.P. Morgan
Rating=Subscription Needed

Company: CommScope Holding Company, Inc.
Symbol: COMM
Price: Last trade $30.34
Description: Re-offer range $29.10-$29.50
Trade Date: 5/3
Shares: 20 million
Underwriter(s) Barclays
Rating=Subscription Needed

Company: PRA Health Sciences, Inc.
Symbol: PRAH
Price: Last trade $48.90
Description: Re-offer range $46.90-$47.90
Trade Date: 5/3
Shares: 5 million
Underwriter(s) Wells Fargo
Rating=Subscription Needed