Representative Lisa C. McClain (R-Michigan) recently sold shares of NetEase, Inc. (NASDAQ:NTES). In a filing disclosed on September 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in NetEase stock on August 4th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 924” account.
Representative Lisa C. McClain also recently made the following trade(s):
- Sold $50,001 – $100,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 8/28/2025.
- Purchased $1,001 – $15,000 in shares of ACI Worldwide (NASDAQ:ACIW) on 8/19/2025.
- Purchased $1,001 – $15,000 in shares of HCA Healthcare (NYSE:HCA) on 8/19/2025.
- Sold $1,001 – $15,000 in shares of Amedisys (NASDAQ:AMED) on 8/18/2025.
- Purchased $1,001 – $15,000 in shares of Kite Realty Group Trust (NYSE:KRG) on 8/13/2025.
- Sold $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 8/13/2025.
- Purchased $1,001 – $15,000 in shares of JD.com (NASDAQ:JD) on 8/13/2025.
- Sold $1,001 – $15,000 in shares of Trade Desk (NASDAQ:TTD) on 8/13/2025.
- Sold $1,001 – $15,000 in shares of US Foods (NYSE:USFD) on 8/13/2025.
- Purchased $1,001 – $15,000 in shares of Agree Realty (NYSE:ADC) on 8/13/2025.
NetEase Trading Down 0.6%
NTES opened at $152.05 on Monday. The stock’s 50 day simple moving average is $136.66 and its 200-day simple moving average is $121.74. The stock has a market cap of $96.34 billion, a PE ratio of 20.58, a P/E/G ratio of 2.03 and a beta of 0.67. NetEase, Inc. has a 1 year low of $75.88 and a 1 year high of $159.55.
NetEase Announces Dividend
Wall Street Analysts Forecast Growth
NTES has been the topic of several recent analyst reports. Arete Research raised NetEase to a “strong-buy” rating in a research note on Wednesday, September 3rd. Arete raised NetEase from a “sell” rating to a “buy” rating and set a $150.00 price target on the stock in a research note on Wednesday, September 3rd. The Goldman Sachs Group set a $161.00 price target on NetEase and gave the company a “buy” rating in a research note on Monday, September 15th. Barclays set a $120.00 price target on NetEase and gave the company an “equal weight” rating in a research note on Monday, August 18th. Finally, Zacks Research lowered NetEase from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, NetEase has a consensus rating of “Moderate Buy” and an average price target of $132.00.
View Our Latest Report on NetEase
Institutional Investors Weigh In On NetEase
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Ninety One UK Ltd increased its holdings in NetEase by 2.2% in the second quarter. Ninety One UK Ltd now owns 6,267,769 shares of the technology company’s stock valued at $843,516,000 after purchasing an additional 134,967 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in NetEase by 7,698.2% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,817,021 shares of the technology company’s stock valued at $289,928,000 after purchasing an additional 2,780,897 shares during the last quarter. Dodge & Cox increased its holdings in NetEase by 5.8% in the first quarter. Dodge & Cox now owns 2,803,664 shares of the technology company’s stock valued at $288,553,000 after purchasing an additional 153,788 shares during the last quarter. Hhlr Advisors LTD. increased its holdings in NetEase by 3.1% in the first quarter. Hhlr Advisors LTD. now owns 2,668,697 shares of the technology company’s stock valued at $274,662,000 after purchasing an additional 79,754 shares during the last quarter. Finally, Wellington Management Group LLP increased its holdings in NetEase by 111.7% in the first quarter. Wellington Management Group LLP now owns 1,988,541 shares of the technology company’s stock valued at $204,661,000 after purchasing an additional 1,049,023 shares during the last quarter. Institutional investors own 11.07% of the company’s stock.
About Representative McClain
Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.
McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.
Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.
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.
See Also
- Five stocks we like better than NetEase
- What is a Stock Market Index and How Do You Use Them?
- 3 Overlooked Value Stocks Set to Surge as Rates Drop
- What is a Secondary Public Offering? What Investors Need to Know
- Hims & Hers Stock Pushes to Highs on Healthcare Rate Cut Frenzy
- How to Invest in Blue Chip Stocks
- After the Fed’s Rate Cut, PNC Could See a Mortgage Refinance Boom
Receive News & Ratings for NetEase Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NetEase and related companies with MarketBeat.com's FREE daily email newsletter.