Cwm LLC lessened its position in shares of Nokia Oyj (NYSE:NOK – Free Report) by 24.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,951 shares of the technology company’s stock after selling 5,997 shares during the period. Cwm LLC’s holdings in Nokia Oyj were worth $83,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in the stock. GAMMA Investing LLC increased its position in shares of Nokia Oyj by 67.0% during the 3rd quarter. GAMMA Investing LLC now owns 8,540 shares of the technology company’s stock valued at $37,000 after purchasing an additional 3,427 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new position in shares of Nokia Oyj during the 1st quarter valued at about $35,000. Simplicity Wealth LLC bought a new position in Nokia Oyj during the 2nd quarter worth approximately $39,000. Arkadios Wealth Advisors bought a new position in Nokia Oyj during the 2nd quarter worth approximately $40,000. Finally, Occidental Asset Management LLC bought a new position in Nokia Oyj during the 2nd quarter worth approximately $40,000. Hedge funds and other institutional investors own 5.28% of the company’s stock.
Nokia Oyj Stock Performance
NYSE NOK opened at $4.77 on Friday. The firm has a market cap of $26.34 billion, a price-to-earnings ratio of 29.81, a price-to-earnings-growth ratio of 6.07 and a beta of 1.12. The company has a quick ratio of 1.57, a current ratio of 1.82 and a debt-to-equity ratio of 0.13. The business has a 50-day moving average price of $4.36 and a 200-day moving average price of $3.97. Nokia Oyj has a twelve month low of $2.94 and a twelve month high of $4.82.
Analyst Ratings Changes
Check Out Our Latest Stock Analysis on NOK
Nokia Oyj Company Profile
Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide. The company operates through four segments: Network Infrastructure, Mobile Networks, Cloud and Network Services, and Nokia Technologies. The company provides fixed networking solutions, such as fiber and copper-based access infrastructure, in-home Wi-Fi solutions, and cloud and virtualization services; IP networking solutions, including IP access, aggregation, and edge and core routing for residential, mobile, enterprise and cloud applications; optical networks solutions that provides optical transport networks for metro, regional, and long-haul applications, and subsea applications; and submarine networks for undersea cable transmission.
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