Rep. Josh Gottheimer Sells NetEase, Inc. (NASDAQ:NTES) Stock

Key Points

• Rep. Josh Gottheimer disclosed the sale of $1,001–$15,000 in NetEase (NTES) shares on March 5 (filing dated April 8) and has made several other recent trades, including purchases of Fabrinet, SEA and ServiceNow and sales of ENN Energy and Crown Castle.
• NetEase raised its quarterly dividend to $1.16 (from $0.57), implying a $4.64 annual payout and roughly a 4.1% yield; the stock trades near $113 with analysts rating it a "Moderate Buy" and a consensus target of $153.89.

Representative Josh Gottheimer (Democratic-New Jersey) recently sold shares of NetEase, Inc. NASDAQ: NTES. In a filing disclosed on April 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in NetEase stock on March 5th.

Representative Josh Gottheimer also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of ENN Energy OTCMKTS: XNGSY on 3/24/2026.
• Sold $1,001 - $15,000 in shares of Crown Castle NYSE: CCI on 3/24/2026.
• Purchased $1,001 - $15,000 in shares of Fabrinet NYSE: FN on 3/24/2026.
• Sold $1,001 - $15,000 in shares of Intapp NASDAQ: INTA on 3/12/2026.
• Sold $1,001 - $15,000 in shares of Alcon NYSE: ALC on 3/12/2026.
• Sold $1,001 - $15,000 in shares of La-Z-Boy NYSE: LZB on 3/12/2026.
• Sold $1,001 - $15,000 in shares of HDFC Bank NYSE: HDB on 3/12/2026.
• Sold $1,001 - $15,000 in shares of Infineon Technologies OTCMKTS: IFNNY on 3/12/2026.
• Purchased $1,001 - $15,000 in shares of SEA NYSE: SE on 3/10/2026.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 3/6/2026.

NetEase Trading Down 0.7%

NTES opened at $113.25 on Friday. The stock has a 50-day moving average price of $117.04 and a 200-day moving average price of $133.14. NetEase, Inc. has a 12-month low of $93.02 and a 12-month high of $159.55. The stock has a market capitalization of $71.75 billion, a P/E ratio of 15.43, a PEG ratio of 1.47 and a beta of 0.76.

NetEase Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 16th were issued a $1.16 dividend. This represents a $4.64 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Monday, March 16th. This is an increase from NetEase's previous quarterly dividend of $0.57. NetEase's dividend payout ratio (DPR) is currently 63.08%.

Hedge Funds Weigh In On NetEase

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Ameritas Advisory Services LLC lifted its holdings in NetEase by 125.8% in the 3rd quarter. Ameritas Advisory Services LLC now owns 8,285 shares of the technology company's stock worth $1,259,000 after buying an additional 4,616 shares during the period. Range Financial Group LLC purchased a new stake in NetEase in the 4th quarter worth approximately $1,759,000. Ninety One UK Ltd lifted its holdings in NetEase by 0.5% in the 3rd quarter. Ninety One UK Ltd now owns 6,296,150 shares of the technology company's stock worth $956,952,000 after buying an additional 28,381 shares during the period. Renaissance Group LLC purchased a new stake in NetEase in the 3rd quarter worth approximately $6,177,000. Finally, American Century Companies Inc. lifted its holdings in NetEase by 7.3% in the 3rd quarter. American Century Companies Inc. now owns 803,379 shares of the technology company's stock worth $122,106,000 after buying an additional 54,929 shares during the period. 11.07% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on NTES shares. Nomura cut their price objective on NetEase from $160.00 to $155.00 and set a "buy" rating for the company in a report on Friday, February 13th. Citigroup reiterated a "buy" rating on shares of NetEase in a report on Wednesday, February 11th. Morgan Stanley reiterated an "overweight" rating and issued a $154.00 price objective on shares of NetEase in a report on Monday, March 2nd. Weiss Ratings reiterated a "hold (c)" rating on shares of NetEase in a report on Monday, December 22nd. Finally, Barclays cut their price objective on NetEase from $135.00 to $132.00 and set an "equal weight" rating for the company in a report on Thursday, February 12th. Eight investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, NetEase presently has an average rating of "Moderate Buy" and a consensus target price of $153.89.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About NetEase

NetEase, Inc NASDAQ: NTES is a Chinese technology company headquartered in Hangzhou that develops and operates Internet services and products. Founded in 1997 by William Ding (Ding Lei), the company has grown from an early web portal and e-mail provider into a diversified online services group. William Ding has served as the company's founder and long-time leader, guiding its expansion into games, digital content and consumer services.

The company's primary business is interactive entertainment: NetEase Games designs, develops and publishes PC and mobile games for domestic and international audiences, offering a mix of self-developed franchises and titles published under licensing and strategic partnerships.

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