Saba Capital Management, L.P. Buys 10,397 Shares of ASA Gold and Precious Metals (NYSE:ASA) Stock

Posted by Sarita Garza on Dec 13th, 2025

ASA Gold and Precious Metals Limited (NYSE:ASA – Get Free Report) major shareholder Saba Capital Management, L.P. bought 10,397 shares of ASA Gold and Precious Metals stock in a transaction on Wednesday, December 10th. The shares were acquired at an average cost of $54.09 per share, for a total transaction of $562,373.73. Following the completion of the acquisition, the insider directly owned 5,315,195 shares in the company, valued at approximately $287,498,897.55. The trade was a 0.20% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

On Monday, December 8th, Saba Capital Management, L.P. purchased 7,542 shares of ASA Gold and Precious Metals stock. The stock was acquired at an average price of $52.40 per share, with a total value of $395,200.80.
On Friday, December 5th, Saba Capital Management, L.P. purchased 8,002 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average cost of $53.22 per share, with a total value of $425,866.44.
On Thursday, December 4th, Saba Capital Management, L.P. purchased 15,408 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average price of $52.87 per share, for a total transaction of $814,620.96.
On Wednesday, December 3rd, Saba Capital Management, L.P. acquired 9,576 shares of ASA Gold and Precious Metals stock. The stock was acquired at an average cost of $53.37 per share, for a total transaction of $511,071.12.
On Tuesday, December 2nd, Saba Capital Management, L.P. acquired 8,078 shares of ASA Gold and Precious Metals stock. The stock was bought at an average price of $52.82 per share, with a total value of $426,679.96.
On Monday, December 1st, Saba Capital Management, L.P. bought 9,560 shares of ASA Gold and Precious Metals stock. The shares were bought at an average cost of $53.46 per share, for a total transaction of $511,077.60.
On Tuesday, November 25th, Saba Capital Management, L.P. purchased 7,283 shares of ASA Gold and Precious Metals stock. The stock was bought at an average price of $48.75 per share, for a total transaction of $355,046.25.
On Friday, November 21st, Saba Capital Management, L.P. purchased 9,784 shares of ASA Gold and Precious Metals stock. The stock was bought at an average cost of $46.94 per share, with a total value of $459,260.96.
On Thursday, November 20th, Saba Capital Management, L.P. acquired 27,496 shares of ASA Gold and Precious Metals stock. The shares were bought at an average price of $47.41 per share, with a total value of $1,303,585.36.
On Wednesday, November 19th, Saba Capital Management, L.P. acquired 10,094 shares of ASA Gold and Precious Metals stock. The stock was bought at an average cost of $48.16 per share, for a total transaction of $486,127.04.

ASA Gold and Precious Metals Trading Up 0.6%

Shares of ASA stock opened at $57.91 on Friday. The business’s 50 day simple moving average is $48.98 and its 200 day simple moving average is $40.27. ASA Gold and Precious Metals Limited has a one year low of $19.37 and a one year high of $59.25.

ASA Gold and Precious Metals Dividend Announcement

The company also recently disclosed a semi-annual dividend, which was paid on Wednesday, November 19th. Stockholders of record on Wednesday, November 12th were paid a $0.03 dividend. This represents a dividend yield of 12.0%. The ex-dividend date of this dividend was Wednesday, November 12th.

Institutional Trading of ASA Gold and Precious Metals

Several large investors have recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC acquired a new stake in ASA Gold and Precious Metals in the second quarter worth $231,000. Atria Wealth Solutions Inc. bought a new position in shares of ASA Gold and Precious Metals during the 1st quarter worth about $235,000. Sessa Capital IM L.P. boosted its position in shares of ASA Gold and Precious Metals by 56.3% during the 1st quarter. Sessa Capital IM L.P. now owns 1,050,000 shares of the investment management company’s stock worth $31,647,000 after purchasing an additional 378,327 shares in the last quarter. Walleye Capital LLC grew its stake in shares of ASA Gold and Precious Metals by 43.4% in the 1st quarter. Walleye Capital LLC now owns 24,530 shares of the investment management company’s stock valued at $739,000 after buying an additional 7,419 shares during the period. Finally, Medici Capital LLC bought a new stake in ASA Gold and Precious Metals in the 2nd quarter valued at about $5,238,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “buy (b+)” rating on shares of ASA Gold and Precious Metals in a research note on Monday. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, ASA Gold and Precious Metals has a consensus rating of “Buy”.

Check Out Our Latest Report on ASA

ASA Gold and Precious Metals Company Profile

(Get Free Report)

ASA Gold and Precious Metals Limited is a publicly owned investment manager. The firm invests in the public equity markets across the globe. It primarily invests in stocks of companies engaged in the exploration, mining or processing of gold, silver, platinum, diamonds, or other precious minerals. It also invests in exchange traded funds.