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Video: What is a Stock Split?
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Intrusion is a cybersecurity company. Co. provides its customers access to threat intelligence database containing the historical data, known associations, and reputational behavior of various Internet Protocol (IP) addresses. Co.'s solutions include: INTRUSION Shield, which is a Security-as-a-Servic solution that inspects and kills dangerous network (in and outbound) connections; INTRUSION TraceCop, which is a big data tool with IP intelligence canvassing the entire Internet; and INTRUSION Savant, which is a network monitoring solution that utilizes the data available in TraceCop to identify suspicious traffic in real-time. According to our Intrusion stock split history records, Intrusion has had 2 splits. | |
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Intrusion (INTZ) has 2 splits in our Intrusion stock split history database. The first split for INTZ took place on May 08, 1995. This was a 2 for 1
split, meaning for each share of INTZ 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. INTZ's second split took place on March 25, 2024. This was a 1 for 20 reverse split, meaning for each 20 shares of INTZ owned pre-split, the shareholder now owned 1 share. For example, a 2000 share position pre-split, became a 100 share position following the split.
When a company such as Intrusion 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. When a company such as Intrusion conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the Intrusion stock split history from start to finish, an original position size of 1000 shares would have turned into 100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Intrusion shares, starting with a $10,000 purchase of INTZ, presented on a split-history-adjusted basis factoring in the complete Intrusion stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/28/2014 |
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End date: |
04/24/2024 |
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Start price/share: |
$47.60 |
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End price/share: |
$1.79 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-96.24% |
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Average Annual Total Return: |
-27.97% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$376.29 |
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Years: |
10.00 |
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Date |
Ratio |
05/08/1995 | 2 for 1
| 03/25/2024 | 1 for 20 |
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