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: Houghton Mifflin Harcourt Company
Symbol: HMHC
Price: Last trade $24.05
Trade Date: 5/15
Shares: 10.6 million
Underwriter(s) Morgan Stanley, Goldman Sachs, Credit Suisse, Wells Fargo Securities
Co Manager(s) BMO Capital Markets, Houlihan Lokey, Piper Jaffray, Stifel
Rating=Subscription Needed
Company: Gevo, Inc.
Symbol: GEVO
Price: Last trade $4.46
Trade Date: 5/14
Shares: 3.81 million
Underwriter(s) Cowen & Co.
Rating=Subscription Needed
Company: Jones Energy, Inc.
Symbol: JONE
Price: Last trade $11.35
Trade Date: 5/14
Shares: 5 million
Underwriter(s) J.P. Morgan
Rating=Subscription Needed
Company: Quintiles Transnational Holdings
Symbol: Q
Price: Last trade $65.48
Trade Date: 5/14
Shares: 11.85 million
Underwriter(s) Barclays, Citigroup
Rating=Subscription Needed