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: Cotiviti Holdings, Inc.
Symbol: COTV
Price: Last trade $31.43
Trade Date: 12/1
Shares: 10 million
Underwriter(s)Goldman Sachs, J.P. Morgan, Barclays, Citigroup, Credit Suisse, Morgan Stanley, SunTrust Robinson Humphrey
Co Manager(s)Baird, Blair, Leerink Partners
Rating=Subscription Needed
Company: Texas Capital BancShares Inc.
Symbol: TCBI
Price: Last trade $73.15
Description: Re-offer range $69.50-$71.50
Trade Date: 11/29
Shares: 3 million
Underwriter(s) BofA Merrill Lynch, J.P. Morgan Securities
Rating=Subscription Needed
Company: Bojangles
Symbol: BOJA
Price: Last trade $19.70
Trade Date: 12/1
Shares: 6 million
Underwriter(s) BofA Merrill Lynch, Jefferies, Wells Fargo Securities, Barclays, Goldman Sachs, Piper Jaffray, Blair, KeyBanc, RBC
Co Manager(s) Cowen, Fifth Third Securities
Rating=Subscription Needed
Company: Everbank Financial Group
Symbol: EVER
Price: Last trade $19.35
Description: Re-offer range $19.20-$19.35
Trade Date: 11/29
Shares: 7 million
Underwriter(s) UBS Investment Bank
Rating=Subscription Needed
Company: SiteOne Landscape
Symbol: SITE
Price: Last trade $35.07
Trade Date: 11/30
Shares: 8 million
Underwriter(s) Goldman Sachs, UBS, Baird, Barclays, RBC, Blair
Co Manager(s) SunTrust Robinson Humphrey, HSBC, ING, Natixis, SMBC Nikko, Mischler Financial Group
Rating=Subscription Needed
Company: Fidus Investment Corporation
Symbol: FDUS
Price: Last trade $17.07
Description: Re-offer $16.65
Trade Date: 11/29
Shares: 2.5 million
Underwriter(s) Raymond James, Robert Baird, Keefe, Bruyette & Woods
Co Manager(s) D.A. Davidson, Janney Montgomery Scott, Oppenheimer
Rating=Subscription Needed
Company: Kinsale Capital Group
Symbol: KNSL
Price: Last trade $28.26
Trade Date: 12/1
Shares: 2.8 million
Underwriter(s) J.P. Morgan, William Blair, RBC Capital Markets
Rating=Subscription Needed
Company: Cherokee
Symbol: CHKE
Price: Last trade $10.00
Description: Re-offer $9.50
Trade Date: 11/29
Shares: TBD
Underwriter(s)Roth Capital Partners
Rating=Subscription Needed
Company: Brookfield Infrastructure Partners L.P.
Symbol: BIP
Price: Last trade $32.81
Description: Re-offer $32.00
Trade Date: 11/29
Shares: 23.8 million
Underwriter(s) RBC, CIBC, Citigroup, HSBC
Rating=Subscription Needed
Company: Impinj, Inc.
Symbol: PI
Price: Last trade $26.57
Trade Date: 12/1
Shares: 3.5 million
Underwriter(s) Morgan Stanley, RBC Capital Markets, Pacific Crest Securities, Piper Jaffray, Needham & Co., Canaccord Genuity
Rating=Subscription Needed