Secondaries announced 8.13.2015

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: William Lyon Homes-BLOCK
Symbol: WLH
Price: Last trade $2516
Trade Date: 8/14
Shares: 2 million
Underwriter(s) Credit Suisse
Rating=Subscription Needed

Company: C1 Financial, Inc.-BLOCK
Symbol: BNK
Price: Last trade $18.09
Trade Date: 8/14
Shares: 1.3 million
Underwriter(s) Raymond James
Rating=Subscription Needed

Company: Essent Group Ltd.-BLOCK
Symbol: ESNT
Price: Last trade $28.01
Trade Date: 8/14
Shares: 2.6 million
Underwriter(s) Macquarie Capital
Rating=Subscription Needed

Company: Cvent, Inc.-BLOCK
Symbol: CVT
Price: Last trade $32.81
Trade Date: 8/14
Shares: 800,000
Underwriter(s) Deutsche Bank Securities
Rating=Subscription Needed

Company: Tesla Motors, Inc.
Symbol: TSLA
Price: Last trade $238.17
Trade Date: 8/14
Shares: 2.1 million
Underwriter(s) Goldman Sachs, Morgan Stanley, J.P. Morgan, Deutsche Bank, BofA Merrill Lynch, Wells Fargo
Rating=Subscription Needed