345,760 Shares in Nokia Corporation $NOK Bought by TrueMark Investments LLC

TrueMark Investments LLC purchased a new stake in Nokia Corporation (NYSE:NOK) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 345,760 shares of the technology company’s stock, valued at approximately $2,237,000.

Other large investors have also recently bought and sold shares of the company. Pzena Investment Management LLC increased its holdings in Nokia by 17.0% in the 3rd quarter. Pzena Investment Management LLC now owns 80,329,917 shares of the technology company’s stock valued at $386,387,000 after buying an additional 11,667,677 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Nokia by 50.0% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 43,424,695 shares of the technology company’s stock worth $208,873,000 after acquiring an additional 14,482,665 shares during the period. Folketrygdfondet boosted its position in shares of Nokia by 66.6% during the 3rd quarter. Folketrygdfondet now owns 17,380,530 shares of the technology company’s stock worth $83,600,000 after acquiring an additional 6,950,487 shares in the last quarter. Thrivent Financial for Lutherans boosted its position in shares of Nokia by 35,010.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 12,655,143 shares of the technology company’s stock worth $60,871,000 after acquiring an additional 12,619,099 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in 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 acquiring an additional 1,002,033 shares during the last quarter. 5.28% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Santander upgraded Nokia from a “neutral” rating to an “outperform” rating in a research note on Monday, February 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Nokia in a research note on Monday, December 22nd. Wall Street Zen cut Nokia from a “buy” rating to a “hold” rating in a report on Sunday, November 30th. Kepler Capital Markets raised Nokia from a “hold” rating to a “buy” rating in a research note on Wednesday, January 7th. Finally, Danske cut Nokia from a “buy” rating to a “hold” rating in a research report on Tuesday, February 24th. Eight research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Nokia presently has an average rating of “Moderate Buy” and an average price target of $7.01.

Nokia News Summary

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Partnered with Stelia to deliver enterprise-scale, high-trust AI networking — strengthens Nokia’s positioning for AI-driven enterprise services and could open higher‑margin networking revenues. Stelia and Nokia collaborate to advance AI for enterprise
• Positive Sentiment: Won network refresh work with London’s LINX / a major British IXP — a commercial win for optical/IP infrastructure that supports steady revenue and services bookings. British IXP giant gets Nokia refresh
• Positive Sentiment: Commercial deployment win: Ambra Solutions used Nokia’s private 4G/5G at the Côté Gold mine — proof point for private wireless and industrial IoT traction. Ambra Solutions Powers Côté Gold Mine with Nokia’s Private 4G/5G Network
• Neutral Sentiment: Leadership changes in India (new country business leader) and senior rejig — may improve local execution but impact on top-line is uncertain. Nokia elevates Samar Mittal as India country business leader
• Neutral Sentiment: Market commentary shows the ADR has recently outperformed longer term but experienced a pullback — informational context for volatility rather than a company event. Nokia Corp. ADR falls Thursday, still outperforms market
• Negative Sentiment: Multiple reports that Nokia plans major layoffs — up to ~14,000 roles (~20% of staff), with India teams flagged as impacted. This increases near‑term execution risk, could signal demand weakness, and may trigger sizable one‑time restructuring and severance charges despite potential long‑term cost savings. Nokia plans major job cuts, up to 14,000 employees may be laid off
• Negative Sentiment: Grupo Santander analyst downgraded NOK to Underperform with a EUR 6.85 target — a high‑profile downgrade that can amplify selling pressure and reduce near‑term investor confidence. Nokia’s Rally May Be Over as Analysts Tell Investors to Take Profits

Nokia Stock Performance

Nokia stock opened at $7.97 on Monday. The business has a 50 day moving average of $7.47 and a 200-day moving average of $6.53. The company has a market capitalization of $45.74 billion, a P/E ratio of 61.27, a P/E/G ratio of 2.76 and a beta of 0.80. Nokia Corporation has a 1 year low of $4.00 and a 1 year high of $8.82. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.58 and a quick ratio of 1.36.

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.