Secondaries announced 5.19.2015

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: NeoPhotonics Corporation
Symbol: NPTN
Price: Last trade $7.69
Trade Date: 5/21
Shares: 5 million
Underwriter(s) Needham & Co.
Co Manager(s) Craig-Hallum, B. Riley & Co.
Rating=Subscription Needed

Company: Essent Group Ltd.
Symbol: ESNT
Price: Last trade $26.01
Trade Date: 5/20
Shares: 1.45 million
Underwriter(s) Morgan Stanley
Rating=Subscription Needed

Company: Cimarex Energy Co.
Symbol: XEC
Price: Last trade $114.76
Trade Date: 5/20
Shares: 6 million
Underwriter(s) J.P. Morgan, Barclays
Rating=Subscription Needed

Company: Paylocity Holding Corporation
Symbol: PCTY
Price: Last trade $33.67
Trade Date: 5/20
Shares: 700,000
Underwriter(s) Deutsche Bank
Rating=Subscription Needed

Company: El Pollo Loco Holdings, Inc.
Symbol: LOCO
Price: Last trade $23.31
Trade Date: 5/20
Shares: 6 million
Underwriter(s) Jefferies
Rating=Subscription Needed

Company: Norwegian Cruise Line Holdings Ltd.
Symbol: NCLH
Price: Last trade $57.30
Trade Date: 5/20
Shares: 20 million
Underwriter(s) Goldman Sachs
Rating=Subscription Needed