Secondaries announced 12.12.2016

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: Open Text Corporation
Symbol: OTEX
Price: Last trade $61.14
Trade Date: 12/14
Shares: 8.2 million
Underwriter(s)Barclays, Citigroup, RBC Capital Markets
Rating=Subscription Needed

Company: Achaogen, Inc.
Symbol: AKAO
Price: Last trade $13.03
Trade Date: 12/14
Shares: 5.75 million
Underwriter(s)Leerink Partners LLC, Stifel, Guggenheim Securities, LLC, SunTrust Robinson Humphrey
Rating=Subscription Needed

Company: Genesee & Wyoming
Symbol: GWR
Price: Last trade $79.21
Trade Date: 12/14
Shares: 4 million
Underwriter(s)BofA Merrill Lynch, Citigroup, J.P. Morgan
Rating=Subscription Needed

Company: OM Asset Managment plc
Symbol: OMAM
Price: Last trade $15.27
Trade Date: 12/14
Shares: 13 million
Underwriter(s)BofA Merrill Lynch, Morgan Stanley, Citigroup, Credit Suisse, Evercore ISI
Rating=Subscription Needed

Company: BMC Stock Holdings
Symbol: BMCH
Price: Last trade $19.70
Description: Re-offer $19.35-$19.50
Trade Date: 12/13
Shares: 1.5 million
Underwriter(s)Goldman Sachs
Rating=Subscription Needed

Company: National Storage Affiliates
Symbol: NSA
Price: Last trade $21.87
Description: Re-offer $21.00-$21.50
Trade Date: 12/13
Shares: 4.5 million
Underwriter(s)Jefferies, Morgan Stanley
Rating=Subscription Needed

Company: Extended Stay America, Inc.-Block
Symbol: STAY
Price: Last trade $16.82
Description: Re-offer $16.50-$16.60
Trade Date: 12/13
Shares: 12.5 million
Underwriter(s)Citigroup
Rating=Subscription Needed

Company: Hancock Holding
Symbol: HBHC
Price: Last trade $44.00
Description: Re-offer $41.50-$43.00
Trade Date: 12/13
Shares: 5 million
Underwriter(s)Morgan Stanley
Rating=Subscription Needed

Company: The Michaels Companies
Symbol: MIK
Price: Last trade $22.66
Description: Re-offer range $22.20-$22.35
Trade Date: 12/13
Shares: 12 million
Underwriter(s)Credit Suisse
Rating=Subscription Needed

Company: Univar Inc.
Symbol: UNVR
Price: Last trade $26.11
Description: Re-offer $25.25-$25.50
Trade Date: 12/13
Shares: 12.5 million
Underwriter(s)Goldman Sachs
Rating=Subscription Needed

Company: Apollo Commercial Real Estate Finance, Inc.
Symbol: ARI
Price: Last trade $17.52
Description: Re-offer $17.15-$17.35
Trade Date: 12/13
Shares: 10.5 million
Underwriter(s)BofA Merrill Lynch, J.P. Morgan, Citigroup, Morgan Stanley
Rating=Subscription Needed