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: China Biologic Products, Inc.
Symbol: CBPO
Price: Last trade $118.59
Trade Date: 6/11
Shares: 2.5 million
Underwriter(s) Morgan Stanley, Credit Suisse, BofA Merrill Lynch
Co Manager(s) Jefferies, Lazard Capital Markets
Rating=Subscription Needed
Company: Nord Anglia Education
Symbol: NORD
Price: Last trade $25.82
Trade Date: 6/11
Shares: 6.7 million
Underwriter(s) Credit Suisse, Goldman Sachs, Deutsche Bank Securities, RBC Capital Markets, Barclays, BMO Capital Markets
Co Manager(s) HSBC, William Blair
Rating=Subscription Needed
Company: TubeMogul
Symbol: TUBE
Price: Last trade $17.15
Trade Date: 6/12
Shares: 5.3 million
Underwriter(s) J.P. Morgan, BofA Merrill Lynch, Citigroup
Co Manager(s) JMP Securities, Oppenheimer & Co.
Rating=Subscription Needed
Company: Newmont Mining
Symbol: NEM
Price: Last trade $25.84
Trade Date: 6/10
Shares: 29 million
Underwriter(s) Citigroup, J.P. Morgan, HSBC Securities
Rating=Subscription Needed
Company: CyberArk Software Ltd.
Symbol: CYBR
Price: Last trade $68.65
Trade Date: 6/11
Shares: 4.9 million
Underwriter(s) Goldman Sachs, Deutsche Bank Securities, Barclays, BofA Merrill Lynch, UBS Investment Bank
Co Manager(s) William Blair, Nomura, Oppenheimer & Co.
Rating=Subscription Needed