Sanctuary Advisors LLC Buys 60,992 Shares of Nokia Corporation $NOK

Sanctuary Advisors LLC grew its stake in Nokia Corporation (NYSE:NOK) by 230.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 87,460 shares of the technology company’s stock after buying an additional 60,992 shares during the period. Sanctuary Advisors LLC’s holdings in Nokia were worth $703,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Analog Century Management LP purchased a new position in shares of Nokia in the 4th quarter worth about $104,244,000. QRG Capital Management Inc. raised its holdings in shares of Nokia by 34.6% during the 4th quarter. QRG Capital Management Inc. now owns 539,926 shares of the technology company’s stock valued at $3,493,000 after buying an additional 138,935 shares in the last quarter. Pzena Investment Management LLC lifted its position in Nokia by 14.5% in the 4th quarter. Pzena Investment Management LLC now owns 91,942,507 shares of the technology company’s stock worth $594,868,000 after buying an additional 11,612,590 shares during the last quarter. TrueMark Investments LLC purchased a new stake in Nokia in the fourth quarter worth approximately $2,237,000. Finally, ARGA Investment Management LP bought a new position in Nokia during the fourth quarter valued at approximately $49,523,000. Hedge funds and other institutional investors own 5.28% of the company’s stock.

Nokia Stock Down 0.3%

Shares of NYSE NOK opened at $9.07 on Monday. The firm’s fifty day moving average is $13.37 and its 200 day moving average is $10.29. Nokia Corporation has a 52 week low of $4.00 and a 52 week high of $17.45. The company has a quick ratio of 1.22, a current ratio of 1.50 and a debt-to-equity ratio of 0.09. The company has a market cap of $52.11 billion, a price-to-earnings ratio of 64.81, a PEG ratio of 1.04 and a beta of 1.17.

Nokia (NYSE:NOK) last announced its quarterly earnings results on Thursday, July 23rd. The technology company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.01. The business had revenue of $5.50 billion during the quarter, compared to analysts’ expectations of $5.57 billion. Nokia had a net margin of 3.49% and a return on equity of 9.83%. The firm’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.04 EPS. On average, equities research analysts expect 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 recent research reports. Barclays restated an “underweight” rating on shares of Nokia in a report on Wednesday, April 29th. Morgan Stanley reissued an “overweight” rating on shares of Nokia in a research note on Friday, May 22nd. Wall Street Zen cut Nokia from a “buy” rating to a “hold” rating in a research note on Sunday, May 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Nokia in a report on Tuesday, June 9th. Finally, The Goldman Sachs Group raised Nokia from a “sell” rating to a “neutral” rating in a research note on Monday, March 30th. Thirteen equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Nokia has a consensus rating of “Moderate Buy” and a consensus price target of $12.57.

Nokia News Summary

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 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.