Gallacher Capital Management LLC Has $453,000 Position in Nokia Corporation $NOK

Gallacher Capital Management LLC lowered its holdings in Nokia Corporation (NYSE:NOK) by 48.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 56,385 shares of the technology company’s stock after selling 52,099 shares during the quarter. Gallacher Capital Management LLC’s holdings in Nokia were worth $453,000 at the end of the most recent quarter.

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

Nokia News Roundup

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Nokia launched what it calls the industry’s first commercial AI-RAN platform and expanded its 5G partnership with Taiwan Mobile, which could boost network capacity, automation, and energy efficiency while creating a new revenue opportunity. Nokia Launches AI RAN Platform And Expands Taiwan Mobile 5G Deal
• Positive Sentiment: Retail traders remain upbeat about Nokia’s AI-RAN strategy, its Nvidia partnership, and cloud-related growth, suggesting the stock still has a strong speculative support base despite recent weakness. NOK Stock Faces Worst Week In 5 Years – But Retail Traders Are Not Giving Up On Nokia’s AI RAN Technology Push
• Positive Sentiment: Multiple reports highlighted Nokia’s Nvidia-powered AI networking push and argued it could power the next leg higher in NOK if the company can convert the technology story into real revenue growth. Nokia’s AI Bet Just Got Bigger: Its Nvidia Partnership Could Power the Next Leg Higher in NOK Stock
• Neutral Sentiment: Analyst-style comparisons versus Ciena also kept attention on Nokia’s AI networking exposure, but these pieces were more evaluative than catalyst-driven and do not appear to change the near-term outlook by themselves. Ciena vs. Nokia: Which AI Networking Stock Is the Better Buy?
• Neutral Sentiment: Nokia confirmed it will publish its second-quarter and half-year 2026 report on July 23, keeping investors focused on whether the AI and networking momentum is showing up in financial results. Nokia to publish second-quarter and half-year 2026 financial report on 23 July 2026
• Negative Sentiment: The stock has seen a sharp recent selloff, and the “worst week in 5 years” framing suggests investors are still worried that Nokia’s AI story may take time to translate into earnings and sustained share-price recovery. NOK Stock Faces Worst Week In 5 Years – But Retail Traders Are Not Giving Up On Nokia’s AI RAN Technology Push

Analyst Ratings Changes

A number of equities research analysts recently weighed in on NOK shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nokia in a report on Tuesday, June 9th. Morgan Stanley restated an “overweight” rating on shares of Nokia in a report on Friday, May 22nd. Barclays restated an “underweight” rating on shares of Nokia in a research note on Wednesday, April 29th. Argus upgraded shares of Nokia from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a research report on Monday, April 27th. Finally, Bank of America raised shares of 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. Thirteen analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Nokia currently has an average rating of “Moderate Buy” and an average price target of $12.57.

Nokia Stock Down 2.4%

Shares of NOK opened at $10.13 on Friday. The firm has a market capitalization of $58.17 billion, a price-to-earnings ratio of 63.32, a PEG ratio of 1.48 and a beta of 1.17. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.32 and a current ratio of 1.57. The business’s fifty day moving average price is $13.77 and its two-hundred day moving average price is $10.14. Nokia Corporation has a 52 week low of $4.00 and a 52 week high of $17.45.

Nokia (NYSE:NOK) last released its earnings results on Tuesday, March 31st. The technology company reported $0.06 earnings per share for the quarter. Nokia had a return on equity of 9.05% and a net margin of 4.02%.The company had revenue of $5.21 billion during the quarter. On average, analysts predict that Nokia Corporation will post 0.4 earnings per share for the current year.

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.