IPO Boutique Research, Color & More Information for Subscribers
SUBSCRIBE TO IPOBoutique’s Free Weekly Newsletter Market sentiment and political rhetoric surrounding the healthcare sector of the market is beyond bad. Democrats, Republicans, rich and poor have collectively made drug companies their own personal punching bags. Donald Trump about drug companies said, and this is a direct quote, “(They) are getting away with murder.” These comments,[…]
SUBSCRIBE TO IPOBoutique’s Free Weekly Newsletter Our Buy, Neutral or Avoid ratings of the Secondaries below are intended as a recommendation for those who buy Secondaries on a regular basis. For example, this is not to be interpreted as a Buy recommendation in the traditional sense of adding to your stock portfolio; this is[…]
SUBSCRIBE TO IPOBoutique’s Free Weekly Newsletter Link to entire IPO Boutique Pipeline NEW FILINGS Company: Foundation Building Materials Symbol: FBM Price: TBD Description: They are the second largest specialty distributor of wallboard and suspended ceiling systems in the United States and Canada, and the fastest growing by revenue and branch count since our founding[…]
The first IPO of the 2017 calendar year has priced. Keane Group (NYSE:FRAC), one of the largest pure-play providers of integrated well completion services in the U.S., with a focus on complex, technically demanding completion solutions, priced 26.76m shares at $19.00. The initial share count and range when first filing with terms on January 9 was[…]
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: Affimed N.V. Symbol: AFMD Price: Last trade $2.15 Description: Re-offer $1.80-$1.95 Trade Date: 1/20 Shares: 10 million Underwriter(s)BMO, Wells Fargo Securities[…]
SUBSCRIBE TO IPOBoutique’s Free Weekly Newsletter Keane Group (NYSE: FRAC) will be 2017’s first IPO as the well-completion oil services company is expected to price an up-sized 22.3 million shares on Thursday night. This deal will grab many of the headlines Friday but will certainly not overshadow what many IPO investors have on their mind —[…]
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: Heron Therapeutics Symbol: HRTX Price: Last trade $12.80 Description: Re-offer range $12.00-$12.30 Trade Date: 1/19 Shares: 11.7 million Underwriter(s)BofA Merrill Lynch,[…]
SUBSCRIBE TO IPOBoutique’s Free Weekly Newsletter High-profile technology companies want your money — they just don’t want ‘anything else’ to do with you. Snap Inc., the high-profile company behind messaging service SnapChat, wants to retain management control (subscription-needed) by not allowing voting power to those buying shares in its rumored 1Q 2017 IPO. Silicon Valley is re-writing[…]
Our Buy, Neutral or Avoid ratings of the Secondaries below are intended as a recommendation for those who buy Secondaries on a regular basis. For example, this is not to be interpreted as a Buy recommendation in the traditional sense of adding to your stock portfolio; this is a short term (usually one day or[…]
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: Teladoc, Inc. Symbol: TDOC Price: Last trade $17.35 Trade Date: 1/19 Shares: 7.25 million Underwriter(s)J.P. Morgan, Piper Jaffray, Wells Fargo, William[…]
The syndicate market was very active following the MLK holiday as six companies filed terms with the SEC. Among the seven, four are healthcare companies, one is materials, one is industrial and another is an energy company. These six will debut next week in addition to the first technology deal of 2017, AppDynamics (Nasdaq: APPD). IPO[…]
Our Buy, Neutral or Avoid ratings of the Secondaries below are intended as a recommendation for those who buy Secondaries on a regular basis. Company: AdvancedPierre Foods Holdings Symbol: APFH Price: Last Trade $28.03 Trade Date: 1/19 Shares: 12.5 million Underwriter(s) Morgan Stanley, Credit Suisse, Barclays, BMO Capital Markets, Deutsche Bank Securities, Goldman Sachs &[…]
NEW FILINGS Company: Kimbell Royalty Partners Symbol: KRP Price: TBD Description: They are a Delaware limited partnership formed to own and acquire mineral and royalty interests in oil and natural gas properties throughout the United States. Trade Date: TBD Shares: TBD Underwriters(s): Raymond James, RBC Capital Markets, Stifel Co-Manager(s): Stephens Inc., Wunderlich Securities Filings: 1-06-17[…]
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: WPX Energy, Inc. Symbol: WPX Price: Last trade $13.77 Description: Re-offer range $12.95-$13.55 Trade Date: 1/13 Shares: 42 million Underwriter(s)Credit Suisse[…]
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: Kosmos Energy-BLOCK Symbol: KOS Price: Last trade $7.06 Description: Re-offer $6.65-$6.85 Trade Date: 1/12 Shares: 30 million Underwriter(s)Barclays Rating=Subscription Needed
The first IPO of 2017 will be Keane Group (NYSE:FRAC) and it will, in all likelihood, be the solo deal for the week of January 16th. We examined this first IPO in a Tuesday post and took a look at recent IPOs in the energy sector as well as addressed other factors to account for when[…]
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 $36.67 Description: Re-offer $34.15-$35.50 Trade Date: 1/11 Shares: 20 million Underwriter(s)Morgan Stanley, BMO, Citigroup,[…]
We have heard the predictions, projections and year-ahead-analysis: now let’s see some deals. The first IPO of 2017 will be Keane Group (NYSE: FRAC), a pure-play provider of integrated well completion services in the U.S., with a focus on complex, technically demanding completion solutions. $FRAC added terms on Tuesday and set a January 20 debut on[…]
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: Atwood Oceanics Symbol: ATW Price: Last trade $12.97 Description: Re-offer $11.70-$12.35 Trade Date: 1/10 Shares: 13.5 million Underwriter(s)Goldman Sachs Rating=Subscription Needed[…]
