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: Catalent, Inc.
Symbol: CTLT
Price: Last trade $27.97
Trade Date: 3/4
Shares: 20 million
Underwriter(s) Morgan Stanley, J.P. Morgan, BofA Merrill Lynch, Goldman Sachs, Jefferies, Deutsche Bank Securities
Co Manager(s) Blackstone Capital Markets, Piper Jaffray, Raymond James, Wells Fargo Securities, William Blair, Evercore ISI
Rating=Subscription Needed
Company: Eagle Bancorp [NASDAQ]
Symbol: EGBN
Price: Last trade $36.76
Trade Date: 3/6
Shares: 1.9 million
Underwriter(s) Sandler O’Neill + Partners, L.P.
Rating=Subscription Needed
Company: Oaktree Capital Group
Symbol: OAK
Price: Last trade $53.82
Trade Date: 3/3
Shares: 4 million
Underwriter(s) Morgan Stanley
Rating=Subscription Needed
Company: Tesaro, Inc.
Symbol: TSRO
Price: Last trade $54.25
Trade Date: 3/4
Shares: 2.8 million
Underwriter(s) Citigroup, Leerink Partners, Deutsche Bank Securities
Co Manager(s) BMO Capital Markets, Robert W. Baird, Mizuho
Rating=Subscription Needed
Company: Northstar Realty
Symbol: NRF
Price: Last trade $19.10
Trade Date: 3/3
Shares: 60 million
Underwriter(s) Deutsche Bank Securities, UBS Investment Bank
Rating=Subscription Needed
Company: General Finance Corporation
Symbol: GFN
Price: Last trade $9.21
Trade Date: 3/12
Shares: 4.4 million
Underwriter(s) Oppenheimer & Co., KeyBanc Capital Markets, Sterne Agee & Leach
Co Manager(s) D.A. Davidson
Rating=Subscription Needed
Company: Callidus Software Inc.
Symbol: CALD
Price: Last trade $14.42
Trade Date: 3/5
Shares: 4 million
Underwriter(s) Credit Suisse, Oppenheimer, Roth Capital Partners
Co Manager(s) Craig-Hallum Capital Group
Rating=Subscription Needed
Company: Heartland Express, Inc.
Symbol: HTLD
Price: Last trade $25.34
Trade Date: 3/5
Shares: 3.25 million
Underwriter(s) Stifel, Stephens, Inc., Wells Fargo Securities, BB&T Capital Markets
Rating=Subscription Needed