Kerrisdale Advisers LLC Has $2.54 Million Holdings in Nokia Corporation $NOK

Kerrisdale Advisers LLC lessened its holdings in shares of Nokia Corporation (NYSE:NOK) by 32.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 190,965 shares of the technology company’s stock after selling 92,880 shares during the quarter. Kerrisdale Advisers LLC’s holdings in Nokia were worth $2,536,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Wedbush Securities Inc. purchased a new stake in shares of Nokia in the second quarter worth approximately $292,000. Valeo Financial Advisors LLC grew its position in Nokia by 14.9% during the second quarter. Valeo Financial Advisors LLC now owns 21,184 shares of the technology company’s stock valued at $281,000 after purchasing an additional 2,748 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in Nokia in the 2nd quarter valued at approximately $436,000. Foster Group Inc. purchased a new stake in Nokia in the 2nd quarter worth approximately $138,000. Finally, GAMMA Investing LLC boosted its stake in shares of Nokia by 16.6% during the 2nd quarter. GAMMA Investing LLC now owns 26,390 shares of the technology company’s stock valued at $350,000 after buying an additional 3,751 shares during the period. 5.28% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Nokia

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Nokia’s broader connectivity portfolio, including networking, AI and cloud solutions, could reduce reliance on traditional telecom spending and create additional growth opportunities. Industry trends such as private networks, IoT, eSIM adoption, network slicing and AI-driven automation may support demand for Nokia’s offerings. Nokia Rides on Portfolio Diversification: Can it Boost Growth?
• Positive Sentiment: Nokia and Elisa are collaborating on an initiative to teach children about artificial intelligence. While not a material near-term financial catalyst, the program supports Nokia’s positioning as an active participant in AI education and ecosystem development. Elisa and Nokia team up to teach children about AI
• Neutral Sentiment: A new market report forecasts $2.34 billion of growth in the mobile virtual network enabler market through 2030 and identifies Nokia as one of the industry’s major vendors. The report highlights potential market opportunities but does not represent a Nokia-specific contract or earnings update. Mobile Virtual Network Enabler Market 2026-2030 Report
• Neutral Sentiment: Nokia transferred 3.64 million treasury shares to participants in its equity-based incentive plans. The action fulfills employee compensation commitments; although it could modestly increase shares available to employees, no immediate operating impact was disclosed. Changes in Nokia Corporation’s own shares
• Negative Sentiment: Former Nokia and Bell Labs executives criticized reported cuts at Bell Labs, while Nokia rejected the criticism. The dispute raises concerns about research investment, innovation capacity and internal execution, potentially offsetting the positive narrative around AI and next-generation networking. Nokia’s former CTO rages at Bell Labs cuts

Nokia Stock Performance

Shares of NYSE NOK opened at $10.18 on Monday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.22 and a current ratio of 1.50. The firm has a market cap of $58.46 billion, a price-to-earnings ratio of 72.71, a P/E/G ratio of 1.20 and a beta of 1.19. The business’s 50-day simple moving average is $10.89 and its 200-day simple moving average is $10.85. Nokia Corporation has a 52 week low of $4.23 and a 52 week high of $17.45.

Nokia (NYSE:NOK) last posted its earnings results on Thursday, July 23rd. The technology company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.01. The firm had revenue of $5.50 billion during the quarter, compared to analyst estimates of $5.57 billion. Nokia had a return on equity of 9.83% and a net margin of 3.49%.The company’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.04 EPS. As a group, equities research analysts expect that Nokia Corporation will post 0.39 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Nokia in a research note on Friday, May 15th. Wall Street Zen downgraded Nokia from a “buy” rating to a “hold” rating in a research note on Sunday, May 3rd. Danske raised Nokia from a “hold” rating to a “buy” rating in a research report on Wednesday, July 1st. JPMorgan Chase & Co. boosted their price target on Nokia from $14.00 to $21.00 and gave the company an “overweight” rating in a research note on Friday, June 12th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Nokia in a report on Tuesday, June 9th. Thirteen analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Nokia presently 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.