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: Organovo
Symbol: ONVO
Price: Last trade $5.23
Trade Date: 6/18
Shares: 7.65 million
Underwriter(s) Jefferies, Piper Jaffray
Rating=Subscription Needed
Company: TerraForm Power, Inc.
Symbol: TERP
Price: Last trade $38.48
Trade Date: 6/19
Shares: 13 million
Underwriter(s) Morgan Stanley, J.P. Morgan, Barclays, Citigroup, BofA Merrill Lynch, Macquarie Capital, UBS Investment Bank
Rating=Subscription Needed
Company: SS&C Technologies Holdings, Inc.
Symbol: SSNC
Price: Last trade $60.56
Trade Date: 6/19
Shares: 6.6 million
Underwriter(s) Morgan Stanley, Deutsche Bank, Credit Suisse
Co Manager(s) Barclays, BofA Merrill Lynch, Pierce, Fenner & Smith, Jefferies
Rating=Subscription Needed
Company: Isle of Capri Casinos, Inc.-BLOCK
Symbol: ISLE
Price: Last trade $20.23
Trade Date: 6/18
Shares: 1.85 million
Underwriter(s) Wells Fargo Securities
Rating=Subscription Needed
Company: Ring Energy
Symbol: REI
Price: Last trade $13.00
Trade Date: 6/18
Shares: 5.77 million
Underwriter(s) SunTrust Robinson Humphrey
Co Manager(s) Seaport Global Securities, Euro Pacific Capital
Rating=Subscription Needed
Company: SuperCom Ltd.
Symbol: SPCB
Price: Last trade $13.56
Trade Date: 6/18
Shares: TBD
Underwriter(s) Cowen & Co.
Rating=Subscription Needed