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: First Republic Bank
Symbol: FRC
Price: Last trade $59.67
Trade Date: 3/13
Shares: 3.5 million
Underwriter(s) BofA Merrill Lynch, Goldman Sachs, J.P. Morgan
Rating=Subscription Needed
Company: NOW Inc.-BLOCK
Symbol: DNOW
Price: Last trade $24.25
Trade Date: 3/13
Shares: 4 million
Underwriter(s) Credit Suisse
Rating=Subscription Needed
Company: Everbank Financial Group
Symbol: EVER
Price: Last trade $18.43
Trade Date: 3/13
Shares: 2.9 million
Underwriter(s) Barclays
Rating=Subscription Needed
Company: ADMA Biologics, Inc.
Symbol: ADMA
Price: Last trade $8.22
Trade Date: 3/13
Shares: 1.2 million
Underwriter(s) Raymond James
Rating=Subscription Needed
Company: Continental Building Products, Inc.
Symbol: CBPX
Price: Last trade $20.76
Trade Date: 3/13
Shares: 5 million
Underwriter(s) Credit Suisse
Rating=Subscription Needed