02.14.2017 Secondary Announcement

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: Seacoast Banking Corporation
Symbol: SBCF
Price: Last trade $23.97
Description: No re-offer range available
Trade Date: 2/15
Shares: 4.2 million
Underwriter(s)Guggenheim Securities, Sandler O’Neill & Partners, Raymond James
Rating=Subscription Needed

Company: Alcoa-BLOCK
Symbol: AA
Price: Last trade $38.56
Description: Re-offer $38.25
Trade Date: 2/15
Shares: 23.35 million
Underwriter(s)Morgan Stanley
Rating=Subscription Needed

Company: Essent Group Ltd.-BLOCK
Symbol: ESNT
Price: Last trade $36.56
Description: Re-offer $36.35
Trade Date: 2/15
Shares: 1 million
Underwriter(s)Barclays
Rating=Subscription Needed