Nokia Oyj Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of NOK?
Owner Type	Number of Shares	Ownership Percentage
State or Government	2,771,894	0.0513%
Individual Insiders	5,700,731	0.105%
Private Companies	63,664,308	1.18%
Sovereign Wealth Funds	325,000,000	6.01%
Institutions	2,265,980,067	41.9%
General Public	2,741,346,531	50.7%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 37.68% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
7.01%	BlackRock, Inc.	379,040,687	US$1.7b	0.03%	0.03%
6.01%	Solidium Oy	325,000,000	US$1.4b	0%	16.4%
3.91%	The Vanguard Group, Inc.	211,381,137	US$932.6m	0.27%	0.01%
2.83%	Artisan Partners Limited Partnership	152,911,265	US$674.6m	-2.88%	0.52%
2.62%	Pzena Investment Management, Inc.	141,575,282	US$624.6m	6.2%	1.18%
1.48%	Varma Mutual Pension Insurance Company, Asset Management Arm	80,236,000	US$354.0m	0%	2.17%
1.39%	Ilmarinen Pension Insurance Co. Ltd, Asset Management Arm	75,227,000	US$331.9m	0%	3.15%
1.26%	Amundi Asset Management SAS	68,344,271	US$301.5m	-11.8%	0.06%
1.1%	Norges Bank Investment Management	59,483,380	US$262.4m	0%	0.02%
1.03%	Deutsche Asset & Wealth Management	55,755,188	US$246.0m	0.5%	0.06%
0.85%	Elo Mutual Pension Insurance Company	46,066,000	US$203.2m	0%	no data
0.85%	Geode Capital Management, LLC	45,828,785	US$202.2m	0.09%	0.01%
0.74%	UBS Asset Management AG	39,978,641	US$176.4m	23.4%	0.02%
0.74%	Dimensional Fund Advisors LP	39,941,089	US$176.2m	1.62%	0.03%
0.71%	Jupiter Fund Management Plc	38,619,894	US$170.4m	0%	0.49%
0.71%	DNB Asset Management AS	38,574,242	US$170.2m	0%	0.56%
0.68%	Valtion Elakerahasto - State Pension Fund	37,000,000	US$163.2m	0%	12.46%
0.59%	Skandia Fonder AB	32,087,422	US$141.6m	0%	1.22%
0.56%	FMR LLC	30,327,779	US$133.8m	1.66%	0.01%
0.49%	State Street Global Advisors, Inc.	26,491,246	US$116.9m	0.25%	no data
0.49%	Slate Path Capital LP	26,325,103	US$116.1m	175%	1.86%
0.49%	SEI Investments Management Corporation	26,215,962	US$115.7m	-7.31%	0.22%
0.38%	Charles Schwab Investment Management, Inc.	20,390,188	US$90.0m	1.7%	0.01%
0.37%	Lazard Asset Management LLC	20,195,441	US$89.1m	0%	0.08%
0.36%	M&G Investment Management Limited	19,496,273	US$86.0m	0%	0.18%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 15:05
End of Day Share Price	2024/12/24 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Nokia Oyj is covered by 93 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	ABG Sundal Collier
Jean-Michel Salvador	AlphaValue
Richard Kramer	Arete Research Services LLP