Secondary’s Announced 4.23.2015

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: American Superconductor Corporation
Symbol: AMSC
Price: Last trade $9.90
Trade Date: 4/24
Shares: 2.4 million
Underwriter(s) Cowen and Company
Co Manager(s) Northland Capital Market
Rating = Subscription Needed

Company: Lipocine Inc.
Symbol: LPCN
Price: Last trade $7.15
Trade Date: 4/24
Shares: 4.2 million
Underwriter(s) Canaccord Genuity Inc, Ladenburg Thalmann
Rating = Subscription Needed

Company: Pfenex Inc.
Symbol: PFNX
Price: Last trade $16.00
Trade Date: 4/24
Shares: 5.0 million
Underwriter(s) Barclays, Evercore ISI, William Blair
Rating = Subscription Needed

Company: Nielsen N.V. – BLOCK
Symbol: NLSN
Price: Last trade $46.31
Trade Date: 4/24
Shares: 20.0 million
Underwriter(s) Citigroup
Rating = Subscription Needed