Rep. Josh Gottheimer Purchases Shares of NetEase, Inc. (NASDAQ:NTES)

Representative Josh Gottheimer (D-New Jersey) recently bought shares of NetEase, Inc. (NASDAQ:NTES). In a filing disclosed on November 17th, the Representative disclosed that they had bought between $1,001 and $15,000 in NetEase stock on October 17th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

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

• Sold $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 10/20/2025.
• Purchased $1,001 – $15,000 in shares of NiCE (NASDAQ:NICE) on 10/17/2025.
• Sold $1,001 – $15,000 in shares of Intercontinental Exchange (NYSE:ICE) on 10/16/2025.
• Purchased $1,001 – $15,000 in shares of CommVault Systems (NASDAQ:CVLT) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of Baldwin Insurance Group (NASDAQ:BWIN) on 9/23/2025.
• Purchased $1,001 – $15,000 in shares of Tandem Diabetes Care (NASDAQ:TNDM) on 9/22/2025.
• Sold $1,001 – $15,000 in shares of Diageo (NYSE:DEO) on 9/22/2025.
• Purchased $1,001 – $15,000 in shares of Natera (NASDAQ:NTRA) on 9/22/2025.
• Purchased $1,001 – $15,000 in shares of Independence Realty Trust (NYSE:IRT) on 9/22/2025.
• Purchased $1,001 – $15,000 in shares of Sysmex (OTCMKTS:SSMXY) on 9/22/2025.

NetEase Stock Up 0.4%

NTES traded up $0.53 during midday trading on Thursday, hitting $133.95. The company had a trading volume of 1,511,081 shares, compared to its average volume of 1,078,099. The stock’s 50 day moving average price is $146.84 and its 200 day moving average price is $135.26. NetEase, Inc. has a 52 week low of $84.97 and a 52 week high of $159.55. The company has a market capitalization of $84.87 billion, a price-to-earnings ratio of 18.13, a PEG ratio of 1.91 and a beta of 0.65.

NetEase Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Friday, December 5th will be issued a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Friday, December 5th. NetEase’s dividend payout ratio (DPR) is presently 30.72%.

Hedge Funds Weigh In On NetEase

Hedge funds have recently modified their holdings of the company. Smartleaf Asset Management LLC grew its holdings in shares of NetEase by 19.3% in the third quarter. Smartleaf Asset Management LLC now owns 457 shares of the technology company’s stock valued at $69,000 after acquiring an additional 74 shares in the last quarter. Spire Wealth Management grew its stake in NetEase by 29.2% in the 3rd quarter. Spire Wealth Management now owns 332 shares of the technology company’s stock valued at $50,000 after purchasing an additional 75 shares during the period. Hardy Reed LLC increased its position in shares of NetEase by 0.9% during the 3rd quarter. Hardy Reed LLC now owns 8,538 shares of the technology company’s stock valued at $1,298,000 after purchasing an additional 79 shares during the last quarter. Bridgewater Advisors Inc. raised its stake in shares of NetEase by 3.3% during the 2nd quarter. Bridgewater Advisors Inc. now owns 2,527 shares of the technology company’s stock worth $332,000 after purchasing an additional 80 shares during the period. Finally, Main Street Research LLC raised its stake in shares of NetEase by 2.1% during the 3rd quarter. Main Street Research LLC now owns 4,085 shares of the technology company’s stock worth $621,000 after purchasing an additional 85 shares during the period. Institutional investors own 11.07% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on NTES. Morgan Stanley reaffirmed an “overweight” rating and set a $170.00 price target on shares of NetEase in a research note on Wednesday, October 8th. Barclays set a $120.00 target price on NetEase and gave the stock an “equal weight” rating in a report on Monday, August 18th. Arete upgraded shares of NetEase from a “sell” rating to a “buy” rating and set a $150.00 price target for the company in a research note on Wednesday, September 3rd. Zacks Research downgraded shares of NetEase from a “strong-buy” rating to a “hold” rating in a report on Friday, August 15th. Finally, Arete Research upgraded shares of NetEase to a “strong-buy” rating in a report on Wednesday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, NetEase presently has an average rating of “Moderate Buy” and a consensus price target of $145.33.

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 engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally . The company operates through Games and Related Value-Added Services, Youdao, Cloud Music, and Innovative Businesses and Others segments.