Polar Asset Management Partners Inc. Invests $11.91 Million in Nokia Corporation $NOK

Polar Asset Management Partners Inc. acquired a new stake in shares of Nokia Corporation (NYSE:NOK) during the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 2,476,179 shares of the technology company’s stock, valued at approximately $11,910,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. First Affirmative Financial Network increased its stake in Nokia by 30.0% during the 3rd quarter. First Affirmative Financial Network now owns 73,943 shares of the technology company’s stock valued at $356,000 after purchasing an additional 17,044 shares in the last quarter. Coldstream Capital Management Inc. lifted its stake in shares of Nokia by 74.3% during the third quarter. Coldstream Capital Management Inc. now owns 96,070 shares of the technology company’s stock worth $462,000 after buying an additional 40,956 shares during the period. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Nokia during the third quarter valued at $34,000. Woodline Partners LP grew its holdings in shares of Nokia by 131.4% during the third quarter. Woodline Partners LP now owns 5,910,688 shares of the technology company’s stock valued at $28,430,000 after buying an additional 3,356,547 shares during the last quarter. Finally, Alyeska Investment Group L.P. acquired a new position in shares of Nokia in the 3rd quarter valued at $31,049,000. 5.28% of the stock is owned by hedge funds and other institutional investors.

Nokia Trading Down 2.4%

NYSE NOK opened at $8.35 on Thursday. The company has a market capitalization of $47.92 billion, a PE ratio of 64.20, a P/E/G ratio of 2.96 and a beta of 0.80. The company has a fifty day moving average of $7.24 and a 200 day moving average of $6.33. 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.

Analyst Ratings Changes

A number of analysts have commented on the company. Santander raised Nokia from a “neutral” rating to an “outperform” rating in a research report on Monday, February 2nd. Wall Street Zen lowered Nokia from a “buy” rating to a “hold” rating in a report on Sunday, November 30th. Danske cut Nokia from a “buy” rating to a “hold” rating in a research note on Tuesday, February 24th. Morgan Stanley initiated coverage on Nokia in a report on Monday, February 9th. They set an “overweight” rating and a $8.00 target price for the company. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Nokia in a research report on Monday, December 22nd. Eight investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $7.01.

More Nokia News

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Nokia is being highlighted as a critical supplier of optical networking hardware for AI and data‑center growth, which supports durable revenue opportunities in hyperscale and carrier markets. More Than Just Brains: The AI Revolution’s Nervous System
• Positive Sentiment: Nokia launched a new application‑optimized optical suite and introduced Aurelis, a PON‑based out‑of‑band management (OOBM) product aimed at cloud, AI and hyperscale data centers — product releases that can drive higher‑margin network equipment sales if adoption accelerates. Nokia’s New Optical Suite Tests High P/E And Surging Share Momentum
• Positive Sentiment: Coverage and product writeups (e.g., The Fast Mode) detail Nokia’s expanded OOBM portfolio with the Aurelis PON solution, reinforcing the company’s push into data‑center management and operator network efficiency markets. Nokia Expands OOBM Portfolio with PON-Based Aurelis for Data Centers
• Positive Sentiment: Nokia is named as a partner in initiatives (e.g., work with T‑Mobile and NVIDIA on AI‑enabled 5G edge use cases) and third‑party vendor moves (KGPCo making Nokia BABA‑compliant products available), underscoring ecosystem adoption and channel momentum. KGPCo AMONG FIRST TO MAKE NOKIA BABA COMPLIANT PRODUCTS AVAILABLE TO THE MASSES
• Positive Sentiment: Some analyst work has pushed fair value and price targets higher, reflecting optimism on product/market traction and contributing to the recent momentum. Shifting Story For Nokia As Analysts Split On Upside And Fair Value
• Positive Sentiment: Technical analysis notes a breakout pattern and momentum that traders view as signaling a longer‑term bullish trend, which can attract momentum flows. Nokia (NOK) Price Forecast: Breakout Signals Long-Term Bull Trend
• Neutral Sentiment: Nokia transferred 1,222,899 treasury shares to fulfill equity‑based incentive plan awards per the board resolution — standard for employee compensation but slightly increases share count. Changes in Nokia Corporation’s own shares
• Neutral Sentiment: Several consumer stories (nostalgia about flip phones) are circulating but have little direct impact on Nokia’s enterprise/networking revenue outlook. Remember the Nokia Twist and Motorola Flipout? This handheld brings their weirdest trick back
• Negative Sentiment: Some coverage points to a high trailing P/E and fast recent gains, which raises valuation risk; momentum can reverse if revenue/earnings do not match elevated expectations. Nokia’s New Optical Suite Tests High P/E And Surging Share Momentum

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.