Secondaries announced 11.10.2016

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: Sanchez Production
Symbol: SPP
Price: $16.00-$18.00 Last trade $14.20
Trade Date: 11/17
Shares: 8.8 million
Underwriter(s)Citi, RBC, BofA Merrill Lynch, Johnson Rice
CoManager(s)Seaport Global Securities, Stephens, Tudor, Pickering, Holt
Rating=Subscription Needed

Company: Northwest Natural Gas
Symbol: NWN
Price: Last trade $56.20
Description: Re-offer $54.63
Trade Date: 11/11
Shares: 880K
Underwriter(s)Wells Fargo Securities, J.P. Morgan, RBC Capital Markets
Co Manager(s)U.S. Capital Advisors, Sidoti & Co.
Rating=Subscription Needed

Company: PRA Health Sciences, Inc.-BLOCK
Symbol: PRAH
Price: Last trade $58.38
Trade Date: 11/11
Shares: 7.5 million
Underwriter(s)Morgan Stanley
Rating=Subscription Needed

Company: K2M Group Holdings, Inc.
Symbol: KTWO
Price: Last trade $19.51
Description: Re-offer $18.50-$19.00
Trade Date: 11/11
Shares: 4.5 million
Underwriter(s)Wells Fargo
Rating=Subscription Needed

Company: CommScope Holding Company, Inc.
Symbol: COMM
Price: Last trade $34.11
Description: Re-offer range $33.35
Trade Date: 11/11
Shares: 19.7 million
Underwriter(s)Jefferies, Morgan Stanley
Rating=Subscription Needed