Traders Buy Large Volume of Nokia Call Options (NYSE:NOK)

Key Points

• 431,376 call options were bought on Nokia on Tuesday—about a 311% jump versus typical daily call volume—signaling heavy bullish/options speculation by traders.
• Nokia agreed to sell its consumer Wi‑Fi/FWA device business to Inseego, taking an equity stake and forming a long‑term wireless/6G partnership as it refocuses on AI and network infrastructure.
• Nokia raised its quarterly dividend to $0.0468 (annualized $0.19), implying a 1.4% yield and a payout ratio of 81.25% for shareholders.

Nokia Corporation (NYSE:NOK - Get Free Report) was the recipient of unusually large options trading activity on Tuesday. Traders acquired 431,376 call options on the company. This represents an increase of approximately 311% compared to the typical daily volume of 104,963 call options.

Institutional Trading of Nokia

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Fifth Third Bancorp raised its holdings in Nokia by 248.7% during the 4th quarter. Fifth Third Bancorp now owns 3,815 shares of the technology company's stock worth $25,000 after purchasing an additional 2,721 shares during the last quarter. Wexford Capital LP bought a new stake in Nokia during the 3rd quarter worth about $29,000. FNY Investment Advisers LLC raised its holdings in Nokia by 33,457.1% during the 4th quarter. FNY Investment Advisers LLC now owns 4,698 shares of the technology company's stock worth $30,000 after purchasing an additional 4,684 shares during the last quarter. Dorato Capital Management bought a new stake in Nokia during the 4th quarter worth about $31,000. Finally, Caitong International Asset Management Co. Ltd acquired a new position in shares of Nokia during the 3rd quarter worth about $34,000. 5.28% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Northland Securities set a $13.00 price target on shares of Nokia in a research note on Monday, April 20th. Argus upgraded shares of Nokia from a "hold" rating to a "buy" rating and set a $15.00 price target on the stock in a research note on Monday, April 27th. Morgan Stanley reissued an "overweight" rating on shares of Nokia in a report on Tuesday, April 28th. Wall Street Zen cut Nokia from a "buy" rating to a "hold" rating in a report on Sunday. Finally, The Goldman Sachs Group raised Nokia from a "sell" rating to a "neutral" rating in a report on Monday, March 30th. Twelve equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $9.71.

Nokia News Roundup

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Nokia agreed to sell its consumer Wi‑Fi / Fixed Wireless Access (FWA) device business to Inseego, taking an equity stake and announcing a long‑term wireless/6G partnership — a move to shed low‑margin consumer hardware and refocus on AI and network infrastructure, which the market rewarded in recent sessions. Nokia Just Sold Its Wi-Fi Box Business. The Market Loved It.
• Positive Sentiment: Multiple board members had Nokia shares purchased on their behalf after the AGM decision to take roughly 40% of board fees in stock — a coordinated set of manager transactions that signals insider alignment with the company's strategy. (Representative filing.) Nokia Corporation - Managers' transactions (Erenbjerg)
• Positive Sentiment: Broadcast endorsement from Jim Cramer and bullish commentary in the press highlighted Nokia’s recent performance and valuation upside, supporting positive investor sentiment. Jim Cramer Calls Nokia (NOK) Stock “A Winner”
• Neutral Sentiment: Company PR/recognition: a Nokia engineer was honored for AI-driven mobile network advances — positive for brand and tech credibility but unlikely to move near‑term fundamentals materially. Nokia engineer honored for AI-driven mobile network advances
• Negative Sentiment: Despite the positive strategic news and insider buys, the stock pulled back on heavy volume — likely profit‑taking after a sharp recent run and short‑term rotation by traders. Watch volume, short interest and whether the Inseego deal closes smoothly.

Nokia Stock Performance

Nokia stock opened at $13.11 on Tuesday. The stock has a 50-day simple moving average of $8.94 and a 200 day simple moving average of $7.39. The company has a quick ratio of 1.36, a current ratio of 1.58 and a debt-to-equity ratio of 0.11. Nokia has a 12-month low of $4.00 and a 12-month high of $13.89. The stock has a market capitalization of $75.30 billion, a price-to-earnings ratio of 81.96, a P/E/G ratio of 2.57 and a beta of 1.12.

Nokia (NYSE:NOK - Get Free Report) last released its quarterly earnings results on Tuesday, March 31st. The technology company reported $0.06 earnings per share (EPS) for the quarter. Nokia had a return on equity of 9.22% and a net margin of 4.02%.The business had revenue of $5.21 billion during the quarter. On average, research analysts anticipate that Nokia will post 0.4 earnings per share for the current fiscal year.

Nokia Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 12th. Investors of record on Tuesday, April 28th will be issued a $0.0468 dividend. This is a positive change from Nokia's previous quarterly dividend of $0.04. This represents a $0.19 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, April 28th. Nokia's dividend payout ratio (DPR) is presently 81.25%.

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.

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