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

Gallacher Capital Management LLC cut its stake in shares of Nokia Corporation (NYSE:NOK) by 48.0% in the first quarter, Holdings Channel reports. 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 hedge funds and other institutional investors have also recently added to or reduced their stakes in NOK. Fifth Third Bancorp raised its position in shares of Nokia by 248.7% in the 4th 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. Wexford Capital LP acquired a new stake in Nokia in the third quarter worth $29,000. FNY Investment Advisers LLC grew its holdings 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 buying an additional 4,684 shares during the period. Dorato Capital Management acquired a new position in Nokia in the fourth quarter valued at about $31,000. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in Nokia during the 3rd quarter worth approximately $34,000. Institutional investors own 5.28% of the company’s stock.

Key Nokia News

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

Nokia Price Performance

Shares of NYSE:NOK opened at $10.13 on Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.32 and a current ratio of 1.57. Nokia Corporation has a 52 week low of $4.00 and a 52 week high of $17.45. The firm has a market cap of $58.17 billion, a PE ratio of 63.32, a price-to-earnings-growth ratio of 1.48 and a beta of 1.17. The firm’s fifty day moving average is $13.77 and its 200-day moving average is $10.14.

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

Analyst Ratings Changes

NOK has been the subject of several recent analyst reports. Bank of America raised Nokia from a “neutral” rating to a “buy” rating and set a $12.40 price objective for the company in a report on Monday, April 13th. JPMorgan Chase & Co. boosted their price objective on shares of Nokia from $14.00 to $21.00 and gave the company an “overweight” rating in a research report on Friday, June 12th. Morgan Stanley reissued an “overweight” rating on shares of Nokia in a research note on Friday, May 22nd. Danske upgraded shares of Nokia from a “hold” rating to a “buy” rating in a report on Wednesday, July 1st. Finally, Nordea Equity Research upgraded Nokia from a “hold” rating to a “buy” rating in a research note on Friday, April 24th. Thirteen equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Nokia currently has a consensus rating of “Moderate Buy” and an average price target of $12.57.

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.