When a company such as IDTI 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 IDTI 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 IDTI shares, starting with a $10,000 purchase of IDTI, presented on a split-history-adjusted basis factoring in the complete IDTI split history.

About IDTI

Integrated Device Technology designs, develops, manufactures and markets a range of integrated circuits for the communications, computing, consumer and automotive industries. Co. has two segments: Communications, which includes clock and timing solutions, radio frequency, flow-control management, optical interconnect and frequency control solutions, and Serial RapidIO® switching solutions; and the Computing, Consumer and Industrial, which includes clock generation and distribution, server memory interfaces, power management integrated circuits, video distribution and contribution, optical interconnect solutions and sensing products for mobile, automotive and industrial solutions. According to our IDTI split history records, IDTI has had 1 split.

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