Rep. Josh Gottheimer Sells Tencent Holdings Limited (OTCMKTS:TCEHY) Shares

Representative Josh Gottheimer (D-New Jersey) recently sold shares of Tencent Holdings Limited OTCMKTS: TCEHY. In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Tencent stock on April 9th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

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

• Purchased $1,001 - $15,000 in shares of RTX NYSE: RTX on 4/23/2025.
• Purchased $1,001 - $15,000 in shares of Cheniere Energy NYSE: LNG on 4/22/2025.
• Purchased $1,001 - $15,000 in shares of Techtronic Industries OTCMKTS: TTNDY on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Tri Pointe Homes NYSE: TPH on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk NYSE: TLK on 4/21/2025.
• Sold $1,001 - $15,000 in shares of KKR & Co. Inc. NYSE: KKR on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of D.R. Horton NYSE: DHI on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Home Depot NYSE: HD on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Hillman Solutions NASDAQ: HLMN on 4/17/2025.
• Sold $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 4/17/2025.

Tencent Trading Up 0.6%

Shares of Tencent stock traded up $0.41 during trading hours on Wednesday, hitting $66.40. The company's stock had a trading volume of 1,572,345 shares, compared to its average volume of 4,620,610. The company has a quick ratio of 1.33, a current ratio of 1.35 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $611.10 billion, a PE ratio of 34.95 and a beta of 0.11. The business has a fifty day moving average of $62.54 and a 200 day moving average of $57.49. Tencent Holdings Limited has a 1-year low of $44.96 and a 1-year high of $71.82.

Tencent Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, June 16th. Shareholders of record on Tuesday, May 20th will be paid a dividend of $0.5102 per share. This is an increase from Tencent's previous dividend of $0.27. This represents a yield of 0.77%. The ex-dividend date is Monday, May 19th. Tencent's payout ratio is currently 17.29%.

Analyst Upgrades and Downgrades

Separately, Barclays reissued an "overweight" rating on shares of Tencent in a research report on Thursday, May 15th.

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.

Tencent Company Profile

Tencent Holdings Limited, an investment holding company, offers value-added services (VAS), online advertising, fintech, and business services in the People's Republic of China and internationally. It operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. The company's consumers business provides communication and services, such as instant messaging and social network; digital content including online games, videos, live streaming, news, music, and literature; fintech services, which includes mobile payment, wealth management, loans, and securities trading; and various tools, such as network security management, browser, navigation, application management, email, etc.