NetEase (NASDAQ:NTES) Shares Bought Rep. Josh Gottheimer

Representative Josh Gottheimer (Democratic-New Jersey) recently bought shares of NetEase, Inc. (NASDAQ:NTES). In a filing disclosed on May 19th, the Representative disclosed that they had bought between $1,001 and $15,000 in NetEase stock on April 6th. 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 4/28/2026.
• Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 4/27/2026.
• Sold $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 4/24/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 4/24/2026.
• Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 4/23/2026.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 4/16/2026.
• Purchased $1,001 – $15,000 in shares of Freeport-McMoRan (NYSE:FCX) on 4/15/2026.
• Sold $1,001 – $15,000 in shares of HDFC Bank (NYSE:HDB) on 4/13/2026.
• Purchased $1,001 – $15,000 in shares of Intapp (NASDAQ:INTA) on 4/13/2026.
• Sold $15,001 – $50,000 in shares of Tractor Supply (NASDAQ:TSCO) on 4/9/2026.

NetEase Trading Up 2.0%

Shares of NASDAQ:NTES opened at $116.82 on Thursday. The company has a market cap of $74.02 billion, a price-to-earnings ratio of 15.92, a PEG ratio of 1.48 and a beta of 0.72. NetEase, Inc. has a 12 month low of $108.67 and a 12 month high of $159.55. The company has a 50-day moving average price of $114.59 and a 200 day moving average price of $126.44.

NetEase (NASDAQ:NTES) last issued its quarterly earnings data on Friday, May 15th. The technology company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $2.19 by ($1.68). NetEase had a return on equity of 21.45% and a net margin of 29.91%.The company had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.25 billion. As a group, equities analysts forecast that NetEase, Inc. will post 8.23 EPS for the current year.

Institutional Investors Weigh In On NetEase

Hedge funds and other institutional investors have recently modified their holdings of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in NetEase by 68,860.6% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,551,117 shares of the technology company’s stock valued at $1,299,684,000 after acquiring an additional 8,538,717 shares during the period. Renaissance Technologies LLC increased its stake in NetEase by 25.2% in the first quarter. Renaissance Technologies LLC now owns 1,363,188 shares of the technology company’s stock worth $152,595,000 after purchasing an additional 274,500 shares during the period. Bank of America Corp DE lifted its position in shares of NetEase by 111.4% during the first quarter. Bank of America Corp DE now owns 1,325,317 shares of the technology company’s stock worth $148,356,000 after purchasing an additional 698,318 shares during the last quarter. Fisher Asset Management LLC lifted its position in shares of NetEase by 4.7% during the third quarter. Fisher Asset Management LLC now owns 1,133,052 shares of the technology company’s stock worth $172,213,000 after purchasing an additional 50,861 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of NetEase by 16.9% during the first quarter. Dimensional Fund Advisors LP now owns 1,079,110 shares of the technology company’s stock valued at $120,697,000 after purchasing an additional 155,784 shares during the period. 11.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on NTES shares. Citigroup reissued a “buy” rating on shares of NetEase in a research report on Wednesday, February 11th. Nomura lowered their price target on NetEase from $160.00 to $155.00 and set a “buy” rating for the company in a research report on Friday, February 13th. Morgan Stanley reaffirmed an “overweight” rating and set a $154.00 price objective on shares of NetEase in a research note on Monday, March 2nd. Benchmark reiterated a “buy” rating on shares of NetEase in a research report on Thursday, February 12th. Finally, Barclays reduced their target price on shares of NetEase from $135.00 to $132.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 12th. Seven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $156.88.

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.

NetEase Company Profile

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.