Secondaries announced 5.23.2016

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: Parsley Energy
Symbol: PE
Price: Last trade $25.07
Description: Re-offer range $23.70-$24.75
Trade Date: 5/24
Shares: 8 million
Underwriter(s) Credit Suisse
Rating=Subscription Needed

Company: Booz Allen Hamilton Holding Corp-BLOCK
Symbol: BAH
Price: Last trade $29.01
Description: Re-offer range $28.15-.-$28.25
Trade Date: 5/24
Shares: 13 million
Underwriter(s) Morgan Stanley
Rating=Subscription Needed

Company: Wright Medical Group-BLOCK
Symbol: WMGI
Price: Last trade $19.24
Description: Re-offer range $18.50-$18.80
Trade Date: 5/24
Shares: 6.2 million
Underwriter(s) BofA Merrill Lynch
Rating=Subscription Needed

Company: Seaspan
Symbol: SSW
Price: Last trade $16.20
Description: Re-offer range $14.70-$15.10
Trade Date: 5/24
Shares: 5 million
Underwriter(s) Wells Fargo, Morgan Stanley, UBS, Credit Suisse, J.P. Morgan, Stifel
Co Manager(s) RBC Capital Markets, BB&T, Janney Montgomery Scott, Ladenburg Thalmann
Rating=Subscription Needed