Rep. Laurel M. Lee Sells Shares of Nokia Corporation (NYSE:NOK)

Representative Laurel M. Lee (Republican-Florida) recently sold shares of Nokia Corporation (NYSE:NOK). In a filing disclosed on July 19th, the Representative disclosed that they had sold between $1,001 and $15,000 in Nokia stock on June 2nd.

Representative Laurel M. Lee also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Bank of America (NYSE:BAC) on 6/2/2026.

Nokia Price Performance

Shares of NYSE:NOK opened at $10.07 on Tuesday. The company has a market cap of $57.85 billion, a P/E ratio of 62.97, a price-to-earnings-growth ratio of 1.43 and a beta of 1.17. The company’s fifty day moving average is $13.70 and its two-hundred day moving average is $10.19. The company has a quick ratio of 1.32, a current ratio of 1.57 and a debt-to-equity ratio of 0.11. Nokia Corporation has a 12-month low of $4.00 and a 12-month high of $17.45.

Nokia (NYSE:NOK) last announced its quarterly earnings data on Tuesday, March 31st. The technology company reported $0.06 EPS for the quarter. Nokia had a return on equity of 9.05% and a net margin of 4.02%.The firm had revenue of $5.21 billion during the quarter. Equities analysts expect that Nokia Corporation will post 0.4 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Northland Securities set a $20.00 price target on Nokia in a report on Wednesday, June 3rd. Weiss Ratings restated a “hold (c)” rating on shares of Nokia in a report on Tuesday, June 9th. Nordea Equity Research raised shares of Nokia from a “hold” rating to a “buy” rating in a research report on Friday, April 24th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Nokia in a research note on Friday, May 15th. Finally, The Goldman Sachs Group upgraded shares of 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $12.57.

Institutional Trading of Nokia

Institutional investors and hedge funds have recently modified their holdings of the company. Fifth Third Bancorp increased its stake in Nokia by 248.7% in 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 during the period. FNY Investment Advisers LLC grew its stake in shares of Nokia by 33,457.1% in the 4th 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 period. Dorato Capital Management bought a new position in shares of Nokia during the 4th quarter worth approximately $31,000. Smithfield Trust Co acquired a new stake in Nokia in the 4th quarter valued at $35,000. Finally, Wexford Capital LP acquired a new position in Nokia during the third quarter worth $29,000. 5.28% of the stock is currently owned by institutional investors.

About Representative Lee

Laurel Lee (Republican Party) is a member of the U.S. House, representing Florida’s 15th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

Lee (Republican Party) is running for re-election to the U.S. House to represent Florida’s 15th Congressional District. She declared candidacy for the 2026 election.

Laurel Lee earned undergraduate and law degrees from the University of Florida. Lee’s career experience includes working as an attorney with Carlton Fields, P.A., an assistant federal public defender and assistant U.S. attorney with the United States District Court for the Middle District of Florida, and a law clerk to James S. Moody on the United States District Court for the Middle District of Florida. Lee resigned on May 16, 2022.

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.