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 Video: What is a Stock Split?
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| InvenSense designs, develops, markets and sells sensor systems on a chip, including accelerometers, gyroscopes and microphones for the mobile, wearable, smart home, gaming, industrial, and automotive market segments. Co. delivers solutions based on its motion and sound technology, targeting solutions such as: smartphones, tablets, wearables, console and portable video gaming devices, digital television and set-top box remote controls, fitness accessories, sports equipment, digital still cameras, automobiles, ultra-books, laptops, hearing aids, stabilization systems, tools, navigation devices, remote controlled toys and other household consumer and industrial devices. According to our INVN split history records, INVN has had 1 split. | |
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INVN (INVN) has 1 split in our INVN split history database. The split for INVN took place on February 10, 1997. This was a 2 for 1
split, meaning for each share of INVN owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.
When a company such as INVN splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the INVN split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into INVN shares, starting with a $10,000 purchase of INVN, presented on a split-history-adjusted basis factoring in the complete INVN split history.
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| Date |
Ratio |
| 02/10/1997 | 2 for 1
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