Kerrisdale Advisers LLC Sells 92,880 Shares of Nokia Corporation $NOK

Posted by George Bondi on Aug 31st, 2026

Kerrisdale Advisers LLC lessened its holdings in shares of Nokia Corporation (NYSE:NOK – Free Report) by 32.7% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 190,965 shares of the technology company’s stock after selling 92,880 shares during the period. Kerrisdale Advisers LLC’s holdings in Nokia were worth $2,536,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Analog Century Management LP bought a new position in Nokia during the fourth quarter worth $104,244,000. QRG Capital Management Inc. raised its stake in 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 purchasing an additional 138,935 shares during the last quarter. SummitTX Capital L.P. boosted its holdings in Nokia by 219.4% in the 1st quarter. SummitTX Capital L.P. now owns 245,559 shares of the technology company’s stock valued at $1,974,000 after purchasing an additional 168,688 shares during the period. Polar Asset Management Partners Inc. acquired a new stake in Nokia in the 1st quarter worth $9,634,000. Finally, Amundi acquired a new stake in Nokia in the 1st quarter worth $1,120,000. Institutional investors and hedge funds own 5.28% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on NOK shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nokia in a research report on Tuesday, June 9th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Nokia in a research report on Friday, May 15th. Wall Street Zen cut Nokia from a “buy” rating to a “hold” rating in a report on Sunday, May 3rd. Northland Securities set a $20.00 price objective on Nokia in a research report on Wednesday, June 3rd. Finally, Danske raised Nokia from a “hold” rating to a “buy” rating in a report on Wednesday, July 1st. Thirteen research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Nokia presently has an average rating of “Moderate Buy” and a consensus target price of $12.57.

Check Out Our Latest Stock Analysis on NOK

Trending Headlines about 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 Trading Down 0.3%

Shares of NOK stock opened at $10.18 on Monday. The firm has a fifty day moving average of $10.89 and a 200-day moving average of $10.85. The stock 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. Nokia Corporation has a 52-week low of $4.23 and a 52-week high of $17.45. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.22 and a current ratio of 1.50.

Nokia (NYSE:NOK – Get Free Report) last issued its 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 for the quarter, compared to analyst estimates of $5.57 billion. Nokia had a net margin of 3.49% and a return on equity of 9.83%. The firm’s revenue was up 8.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.04 EPS. On average, equities research analysts forecast that Nokia Corporation will post 0.39 earnings per share for the current fiscal year.

Nokia Profile

(Free Report)

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.