Sei Investments Co. Sells 449,707 Shares of Nokia Corporation $NOK

Sei Investments Co. reduced its holdings in Nokia Corporation (NYSE:NOK) by 6.8% during the 1st quarter, Holdings Channel reports. The fund owned 6,177,671 shares of the technology company’s stock after selling 449,707 shares during the quarter. Sei Investments Co.’s holdings in Nokia were worth $49,669,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Amundi bought a new position in Nokia in the 1st quarter valued at $776,000. AQR Capital Management LLC grew its holdings in shares of Nokia by 27.5% during the first quarter. AQR Capital Management LLC now owns 186,997 shares of the technology company’s stock worth $985,000 after purchasing an additional 40,276 shares during the last quarter. Millennium Management LLC increased its stake in shares of Nokia by 6,539.2% in the first quarter. Millennium Management LLC now owns 2,841,558 shares of the technology company’s stock valued at $14,975,000 after buying an additional 2,798,758 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of Nokia by 6,204.9% in the first quarter. NewEdge Advisors LLC now owns 60,464 shares of the technology company’s stock valued at $319,000 after buying an additional 59,505 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in shares of Nokia by 8.7% in the first quarter. Goldman Sachs Group Inc. now owns 12,550,274 shares of the technology company’s stock valued at $66,140,000 after buying an additional 1,002,033 shares during the last quarter. 5.28% of the stock is currently owned by institutional investors.

Trending Headlines about 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 Stock Performance

Nokia stock opened at $9.07 on Friday. The company has a market cap of $52.11 billion, a PE ratio of 64.81, a PEG ratio of 1.29 and a beta of 1.17. The company has a current ratio of 1.57, a quick ratio of 1.32 and a debt-to-equity ratio of 0.11. Nokia Corporation has a 1 year low of $4.00 and a 1 year high of $17.45. The company’s 50-day moving average is $13.37 and its two-hundred day moving average is $10.26.

Nokia (NYSE:NOK) last issued 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 9.92%. The company had revenue of $5.50 billion during the quarter, compared to analysts’ expectations of $5.57 billion. During the same quarter in the previous year, the company earned $0.04 EPS. Nokia’s revenue was up 8.4% on a year-over-year basis. Equities analysts anticipate that Nokia Corporation will post 0.41 earnings per share for the current year.

Wall Street Analyst Weigh In

NOK has been the subject of a number of research analyst reports. Barclays reaffirmed an “underweight” rating on shares of Nokia in a research note on Wednesday, April 29th. Argus raised shares of Nokia from a “hold” rating to a “buy” rating and set a $15.00 price target for the company in a report on Monday, April 27th. Arete Research upgraded shares of Nokia from a “neutral” rating to a “buy” rating in a research report on Wednesday, April 29th. Bank of America raised Nokia from a “neutral” rating to a “buy” rating and set a $12.40 price objective on the stock in a report on Monday, April 13th. Finally, Northland Securities set a $20.00 target price on Nokia in a research note on Wednesday, June 3rd. Thirteen equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $12.57.

Nokia 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.