Miller Global Investments LLC Invests $1.41 Million in Nokia Corporation $NOK

Miller Global Investments LLC bought a new position in shares of Nokia Corporation (NYSE:NOK) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 217,176 shares of the technology company’s stock, valued at approximately $1,405,000. Nokia accounts for approximately 1.3% of Miller Global Investments LLC’s investment portfolio, making the stock its 15th largest holding.

Several other hedge funds have also added to or reduced their stakes in NOK. Jefferies Financial Group Inc. bought a new stake in Nokia in the 3rd quarter valued at about $4,595,000. Penserra Capital Management LLC grew its position in shares of Nokia by 38.0% during the 3rd quarter. Penserra Capital Management LLC now owns 7,760,500 shares of the technology company’s stock worth $37,328,000 after purchasing an additional 2,136,545 shares in the last quarter. Thrivent Financial for Lutherans increased its holdings in shares of Nokia by 35,010.3% during the third quarter. Thrivent Financial for Lutherans now owns 12,655,143 shares of the technology company’s stock worth $60,871,000 after purchasing an additional 12,619,099 shares during the period. TSP Capital Management Group LLC raised its position in shares of Nokia by 8.8% in the third quarter. TSP Capital Management Group LLC now owns 2,473,592 shares of the technology company’s stock valued at $11,898,000 after buying an additional 200,400 shares in the last quarter. Finally, Folketrygdfondet raised its position in shares of Nokia by 66.6% in the third quarter. Folketrygdfondet now owns 17,380,530 shares of the technology company’s stock valued at $83,600,000 after buying an additional 6,950,487 shares in the last quarter. 5.28% of the stock is owned by institutional investors and hedge funds.

Nokia Stock Performance

NYSE NOK opened at $8.32 on Friday. The firm’s 50 day simple moving average is $7.28 and its 200 day simple moving average is $6.35. The firm has a market capitalization of $47.75 billion, a price-to-earnings ratio of 63.97, a P/E/G ratio of 2.89 and a beta of 0.80. The company has a current ratio of 1.58, a quick ratio of 1.36 and a debt-to-equity ratio of 0.11. Nokia Corporation has a 1 year low of $4.00 and a 1 year high of $8.82.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on NOK shares. Kepler Capital Markets raised Nokia from a “hold” rating to a “buy” rating in a research report on Wednesday, January 7th. Citigroup reaffirmed a “sell” rating on shares of Nokia in a report on Friday, January 23rd. JPMorgan Chase & Co. upped their target price on Nokia from $7.10 to $8.00 and gave the company an “overweight” rating in a research report on Monday, December 1st. Morgan Stanley assumed coverage on Nokia in a report on Monday, February 9th. They set an “overweight” rating and a $8.00 target price on the stock. Finally, Danske cut Nokia from a “buy” rating to a “hold” rating in a research report on Tuesday, February 24th. Eight investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $7.01.

Trending Headlines about Nokia

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Nokia launched an AI-powered fixed-network transformation with Turkcell in Türkiye to detect and fix issues proactively and lay groundwork for autonomous network operations — this is revenue-accretive for operator services and strengthens Nokia’s positioning in AI-driven network software. Nokia, Turkcell Launch AI-powered Fixed Network Transformation in Turkiye Nokia AI amps network operations for Turkish operator giant
• Positive Sentiment: Nokia expanded its data-center out-of-band management (OOBM) portfolio with the new Aurelis PON-based fiber solution and other optical offerings aimed at hyperscalers and AI/data-center traffic — supporting higher-margin infrastructure sales if uptake continues. Nokia Expands Data Center OOBM Portfolio with Aurelis PON-based Fiber Solution
• Positive Sentiment: Product innovation in optical networking — including a new application-optimized optical suite and architectural updates aimed at AI/cloud scale — reinforces Nokia’s role in the backbone hardware needed for data-center growth. These launches help justify higher revenue multiple expectations tied to AI-driven capacity demand. Nokia deconstructs optical architecture toward optimal goal More Than Just Brains: The AI Revolution’s Nervous System (NOK)
• Neutral Sentiment: Analyst views are mixed — some firms have nudged up targets while others remain neutral, creating a split narrative that can limit sharp bullish moves until clearer earnings or order momentum appears. Shifting Story For Nokia (HLSE:NOKIA) As Analysts Split On Upside And Fair Value
• Negative Sentiment: Nokia transferred 1,222,899 of its own shares to settle equity-based incentive plan commitments, a small issuance that slightly increases share count (minimal relative to market cap) but can be viewed as modestly dilutive. Changes in Nokia Corporation’s own shares

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.