Nokia Corporation $NOK Shares Purchased by SummitTX Capital L.P.

SummitTX Capital L.P. grew its stake in shares of Nokia Corporation (NYSE:NOK) by 219.4% in the first quarter, according to its most recent filing with the SEC. The fund owned 245,559 shares of the technology company’s stock after acquiring an additional 168,688 shares during the period. SummitTX Capital L.P.’s holdings in Nokia were worth $1,974,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Pzena Investment Management LLC raised its position in shares of Nokia by 14.5% during the fourth quarter. Pzena Investment Management LLC now owns 91,942,507 shares of the technology company’s stock worth $594,868,000 after purchasing an additional 11,612,590 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in shares of Nokia by 9.0% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 47,321,058 shares of the technology company’s stock valued at $306,167,000 after purchasing an additional 3,896,363 shares during the period. ARGA Investment Management LP boosted its position in shares of Nokia by 166.4% in the 1st quarter. ARGA Investment Management LP now owns 20,388,202 shares of the technology company’s stock valued at $163,921,000 after purchasing an additional 12,734,021 shares during the period. Alyeska Investment Group L.P. increased its stake in Nokia by 171.0% in the 4th quarter. Alyeska Investment Group L.P. now owns 17,490,101 shares of the technology company’s stock worth $113,161,000 after purchasing an additional 11,035,002 shares in the last quarter. Finally, Analog Century Management LP acquired a new stake in Nokia during the 4th quarter worth about $104,244,000. 5.28% of the stock is owned by institutional investors.

Nokia Price Performance

Shares of NOK opened at $8.91 on Wednesday. The business’s 50-day moving average is $13.18 and its 200-day moving average is $10.32. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.50 and a quick ratio of 1.22. The company has a market capitalization of $51.16 billion, a price-to-earnings ratio of 63.64, a P/E/G ratio of 1.05 and a beta of 1.17. Nokia Corporation has a fifty-two week low of $4.00 and a fifty-two week high of $17.45.

Nokia (NYSE:NOK) last posted its quarterly earnings results on Thursday, July 23rd. The technology company reported $0.08 EPS for the quarter, topping the consensus estimate of $0.07 by $0.01. Nokia had a net margin of 3.49% and a return on equity of 9.83%. The business had revenue of $5.50 billion during the quarter, compared to analysts’ expectations of $5.57 billion. During the same period last year, the company posted $0.04 earnings per share. The firm’s quarterly revenue was up 8.4% compared to the same quarter last year. Equities research analysts expect that Nokia Corporation will post 0.41 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have commented on NOK shares. Wall Street Zen lowered shares of Nokia from a “buy” rating to a “hold” rating in a research note on Sunday, May 3rd. Danske raised shares of Nokia from a “hold” rating to a “buy” rating in a research report on Wednesday, July 1st. Weiss Ratings restated a “hold (c)” rating on shares of Nokia in a report on Tuesday, June 9th. Nordea Equity Research upgraded shares of Nokia from a “hold” rating to a “buy” rating in a research report on Friday, April 24th. Finally, Argus upgraded shares of Nokia from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a research report on Monday, April 27th. Thirteen analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $12.57.

More Nokia News

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Board member Timo Ihamuotila bought 60,000 Nokia shares, an insider transaction that may signal confidence in the company’s long-term prospects and provide support for investor sentiment. Nokia Board Member Timo Ihamuotila Buys 60,000 Shares
• Positive Sentiment: Monday market coverage focused on Nokia’s upward move and the factors attracting investor attention, with the insider purchase likely among the more tangible recent catalysts. Nokia stock is gaining Monday: What’s going on?
• Neutral Sentiment: Specifications for a rumored Nokia 250 4G Smart feature phone were leaked, including 4G connectivity, cloud-phone functionality and a QR reader. The product could support Nokia’s device business, but there is no confirmed launch, pricing or expected financial impact. Nokia 250 4G Smart specifications leaked
• Negative Sentiment: Northland Securities reduced its third-quarter 2026 EPS estimate for NOK to $0.07 from $0.09. The cut suggests analysts see somewhat weaker near-term profitability, despite the current full-year consensus estimate of $0.41 per share. Q4 EPS Estimates for Nokia Decreased by Northland Securities

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.