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: Cooper-Standard Holdings-BLOCK
Symbol: CPS
Price: Last trade $90.40
Description: Re-offer range $88.25-$90.25
Trade Date: 8/2
Shares: 800,000
Underwriter(s) Goldman Sachs
Rating=Subscription Needed
Company: GasLog Partners LP-BLOCK
Symbol: GLOP
Price: Last trade $21.00
Description: Re-offer range $19.35-$20.00
Trade Date: 8/2
Shares: 2.75 million
Underwriter(s) Barclays
Rating=Subscription Needed
Company: AngioDynamics, Inc.
Symbol: ANGO
Price: Last trade $16.52
Description: Re-offer range $15.20-$15.40
Trade Date: 8/2
Shares: 2.25 million
Underwriter(s) Cantor Fitzgerald
Rating=Subscription Needed
Company: Ellie Mae, Inc.
Symbol: ELLI
Price: Last trade $96.27
Trade Date: 8/4
Shares: 2.75 million
Underwriter(s) J.P. Morgan, Morgan Stanley, Barclays
Co Manager(s) JMP Securities, Needham & Co., Oppenheimer & Co., Roth Capital Partners
Rating=Subscription Needed
Company: Brixmor Property Group
Symbol: BRX
Price: Last trade $28.27
Description: Re-offer range not available
Trade Date: 8/2
Shares: 30 million
Underwriter(s) J.P. Morgan, Deutsche Bank Securities
Rating=Subscription Needed