NetEase (NTES) General Counsel JR Sells $1.3M of Stock
On June 29, 2026, Paul William Boltz sold 10,000 shares of NetEase, valued at about $1.28 million.
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Boltz Paul William JR, General Counsel at NetEase, Inc. ($NTES), sold 10,000 shares at an average price of $128.30, worth about $1.28 million, on June 29, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $NTES is up 1.4% after 1 week, up 0.4% after 1 month and down 2.0% to date (from the $128.64 close on Jun 29, 2026).
Key Points
- Paul William Boltz, General Counsel of NetEase, sold 10,000 shares on June 29, 2026, for $1.28 million at a price of $128.30 each.
- NetEase has seen its stock price rise from $116.19 to $128.14 recently, indicating positive market movement.
- Analysts maintain a strong outlook on NetEase, with Morgan Stanley reiterating an 'Overweight' rating and a price target of $163.00 on September 28, 2026.
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Insider Buying and Selling at NetEase, Inc.
On June 29, 2026, NetEase, Inc.'s General Counsel Paul William Boltz sold 10,000 shares at a price of $128.30 each, totaling about $1.28 million. This sale follows a recent increase in the stock price, which stood at $128.14 at the time of publication.
Stock Movement
NetEase shares have risen from a previous close of $116.19 to $128.14 recently. This increase reflects positive market sentiment and could impact how investors view company activities, like insider transactions.
Analysts Set New Price Targets
On September 28, 2026, Morgan Stanley reiterated its 'Overweight' rating on NetEase with a price target of $163.00. This reinforces the positive outlook for the company, with a consensus recommendation of a strong buy among 32 analysts.
About NetEase
NetEase, Inc. engages in various online services, including gaming and music streaming, primarily in China. The firm is known for developing and operating mobile and PC games and providing educational and digital content services. Boltz's recent sale adds to the narrative of insider activities amid favorable market conditions.
What's Next for NetEase, Inc.
Looking ahead, NetEase is scheduled to report its next earnings on November 19, 2026. As insider transactions can influence market perceptions, continued scrutiny of such trades, alongside upcoming earnings, will be vital for investors.
Source: Boltz Paul William JR's Form 4 filing on $NTES (Jun 29, 2026). Find the original filing: NTES Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts
