Troluce Capital Advisors LLC acquired a new position in Nokia Corporation (NYSE:NOK – Free Report) during the first quarter, according to the company in its most recent filing with the SEC. The fund acquired 2,500,000 shares of the technology company’s stock, valued at approximately $20,100,000. Nokia makes up 1.2% of Troluce Capital Advisors LLC’s holdings, making the stock its 22nd biggest holding.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NOK. Fifth Third Bancorp grew its stake in shares of Nokia by 248.7% during the fourth quarter. Fifth Third Bancorp now owns 3,815 shares of the technology company’s stock valued at $25,000 after acquiring an additional 2,721 shares in the last quarter. Wexford Capital LP acquired a new position in shares of Nokia in the third quarter worth about $29,000. FNY Investment Advisers LLC boosted its holdings in Nokia by 33,457.1% in the fourth quarter. FNY Investment Advisers LLC now owns 4,698 shares of the technology company’s stock valued at $30,000 after purchasing an additional 4,684 shares during the last quarter. Dorato Capital Management acquired a new stake in Nokia during the 4th quarter valued at approximately $31,000. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in Nokia during the 3rd quarter worth approximately $34,000. 5.28% of the stock is owned by hedge funds and other institutional investors.
Nokia Price Performance
Shares of NYSE NOK opened at $9.07 on Monday. The company has a current ratio of 1.50, a quick ratio of 1.22 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $52.11 billion, a price-to-earnings ratio of 64.81, a price-to-earnings-growth ratio of 1.04 and a beta of 1.17. Nokia Corporation has a twelve month low of $4.00 and a twelve month high of $17.45. The business has a 50 day simple moving average of $13.37 and a 200-day simple moving average of $10.29.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on NOK shares. Nordea Equity Research upgraded Nokia from a “hold” rating to a “buy” rating in a research note on Friday, April 24th. Arete Research raised shares of Nokia from a “neutral” rating to a “buy” rating in a report on Wednesday, April 29th. Barclays reiterated an “underweight” rating on shares of Nokia in a research note on Wednesday, April 29th. Wall Street Zen downgraded shares of Nokia from a “buy” rating to a “hold” rating in a research report on Sunday, May 3rd. Finally, Northland Securities set a $20.00 target price on shares of Nokia in a research note on Wednesday, June 3rd. Thirteen investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Nokia currently has a consensus rating of “Moderate Buy” and an average price target of $12.57.
View Our Latest Stock Report on NOK
Key Headlines Impacting Nokia
Here are the key news stories impacting Nokia this week:
- Positive Sentiment: Nokia’s Q2 results beat profit estimates, with comparable operating profit rising on strong demand from AI and cloud customers, while network infrastructure sales and margins improved. Reuters: Nokia Q2 profit beat on AI demand
- Positive Sentiment: AI-related demand was a standout, with Nokia saying AI/cloud order intake reached about €2.8 billion and AI/cloud sales more than doubled year over year, reinforcing the long-term growth case. Yahoo Finance: Nokia says AI, cloud boosted sales in second quarter
- Positive Sentiment: Nokia raised its full-year profit outlook and gave a Q3 revenue range that was roughly in line with expectations, which may support confidence in management’s view that AI infrastructure demand can offset legacy telecom weakness. Invezz: Nokia raises profit outlook as AI and cloud demand boost results
- Neutral Sentiment: Management and follow-up coverage continue to frame Nokia as a longer-term AI networking and cloud infrastructure beneficiary, but those themes are more about the investment thesis than an immediate catalyst. Yahoo Finance: How Nokia is Positioning Itself for Long-Term Growth in AI Networking
- Negative Sentiment: The stock has fallen to its lowest close since April, suggesting traders are selling into strength or reacting to concerns that the earnings beat does not fully erase broader slowdown worries. BeInCrypto: Nokia Crushed Earnings — and Dropped to Its Lowest Close Since April
- Negative Sentiment: Some articles highlight that telecom spending remains uneven and restructuring charges or supply-chain constraints are still weighing on results, which could limit how quickly AI growth translates into sustained earnings momentum. Yahoo Finance: Nokia Oyj (NOK) Q2 2026 Earnings Call Highlights
Nokia Company Profile
Nokia Corporation, headquartered in Espoo, Finland, is a global telecommunications and technology company with roots dating back to 1865. Over its long history the company moved from forestry and cable operations into electronics and telecommunications, becoming widely known in the 1990s and 2000s for its mobile phones. In recent years Nokia refocused its business toward network infrastructure, software and technology licensing, and research and development, following the divestiture of its handset manufacturing business and the acquisition of Alcatel‑Lucent in 2016, which brought Bell Labs into its portfolio.
Today Nokia’s core activities center on designing, building and supporting communications networks and related software.
See Also
- Five stocks we like better than Nokia
- RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade?
- These 4 Earnings Reports Expose the Market’s Growing Economic Divide
- Broadcom May Be the Biggest Winner From Alphabet’s Earnings
- Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit
Receive News & Ratings for Nokia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nokia and related companies with MarketBeat.com's FREE daily email newsletter.
