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Video: What is a Stock Split?
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SPS Commerce, Inc. is a provider of cloud-based supply chain management services that supports retailers, grocers, distributors, suppliers, and logistics firms to communicate and collaborate by simplifying how they manage and share item, order, and sales data across omnichannel retail channels. Co.'s products include Fulfillment, Analytics and Other products. Fulfillment products is a full-service electronic data interchange (EDI) solution that scales as a business grows. Analytics products enable organizations to improve visibility into how products are selling through a single connection across all sales channels, including wholesale, e-commerce, and marketplaces. According to our SPSC split history records, SPS Commerce has had 1 split. | |
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SPS Commerce (SPSC) has 1 split in our SPSC split history database. The split for SPSC took place on August 23, 2019. This was a 2 for 1 split, meaning for each share of SPSC 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 SPS Commerce 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 SPSC 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 SPS Commerce shares, starting with a $10,000 purchase of SPSC, presented on a split-history-adjusted basis factoring in the complete SPSC split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
12/09/2014 |
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End date: |
12/06/2024 |
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Start price/share: |
$29.56 |
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End price/share: |
$192.79 |
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Dividends collected/share: |
$0.00 |
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Total return: |
552.20% |
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Average Annual Total Return: |
20.63% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$65,245.91 |
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Years: |
10.00 |
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Date |
Ratio |
08/23/2019 | 2 for 1 |
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