Saba Capital Management, L.P. Buys 467 Shares of ASA Gold and Precious Metals (NYSE:ASA) Stock

Posted by Kim Johansen on Dec 31st, 2025

ASA Gold and Precious Metals Limited (NYSE:ASA – Get Free Report) major shareholder Saba Capital Management, L.P. acquired 467 shares of ASA Gold and Precious Metals stock in a transaction that occurred on Wednesday, December 24th. The stock was purchased at an average cost of $60.76 per share, for a total transaction of $28,374.92. Following the completion of the transaction, the insider directly owned 5,364,884 shares in the company, valued at $325,970,351.84. This trade represents a 0.01% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

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

On Monday, December 29th, Saba Capital Management, L.P. acquired 10,111 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average price of $58.81 per share, with a total value of $594,627.91.
On Friday, December 26th, Saba Capital Management, L.P. bought 714 shares of ASA Gold and Precious Metals stock. The stock was acquired at an average price of $61.92 per share, for a total transaction of $44,210.88.
On Tuesday, December 23rd, Saba Capital Management, L.P. purchased 2,524 shares of ASA Gold and Precious Metals stock. The stock was bought at an average price of $61.75 per share, for a total transaction of $155,857.00.
On Monday, December 22nd, Saba Capital Management, L.P. purchased 2,760 shares of ASA Gold and Precious Metals stock. The stock was bought at an average cost of $60.85 per share, for a total transaction of $167,946.00.
On Thursday, December 18th, Saba Capital Management, L.P. bought 3,881 shares of ASA Gold and Precious Metals stock. The stock was bought at an average price of $57.52 per share, for a total transaction of $223,235.12.
On Wednesday, December 17th, Saba Capital Management, L.P. bought 12,649 shares of ASA Gold and Precious Metals stock. The stock was bought at an average price of $57.49 per share, for a total transaction of $727,191.01.
On Tuesday, December 16th, Saba Capital Management, L.P. purchased 5,846 shares of ASA Gold and Precious Metals stock. The stock was purchased at an average price of $57.02 per share, for a total transaction of $333,338.92.
On Monday, December 15th, Saba Capital Management, L.P. acquired 7,866 shares of ASA Gold and Precious Metals stock. The shares were purchased at an average price of $58.10 per share, with a total value of $457,014.60.
On Friday, December 12th, Saba Capital Management, L.P. bought 13,696 shares of ASA Gold and Precious Metals stock. The shares were purchased at an average cost of $57.85 per share, with a total value of $792,313.60.
On Wednesday, December 10th, Saba Capital Management, L.P. purchased 10,397 shares of ASA Gold and Precious Metals stock. The stock was purchased at an average cost of $54.09 per share, for a total transaction of $562,373.73.

ASA Gold and Precious Metals Stock Performance

Shares of ASA traded up $0.75 during midday trading on Tuesday, hitting $60.14. 93,428 shares of the company’s stock traded hands, compared to its average volume of 98,938. ASA Gold and Precious Metals Limited has a 1 year low of $20.13 and a 1 year high of $63.02. The firm’s fifty day moving average is $51.67 and its 200-day moving average is $42.64.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “buy (b)” rating on shares of ASA Gold and Precious Metals in a research report on Monday. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy”.

View Our Latest Report on ASA Gold and Precious Metals

Hedge Funds Weigh In On ASA Gold and Precious Metals

A number of large investors have recently added to or reduced their stakes in the stock. Advisory Services Network LLC purchased a new position in ASA Gold and Precious Metals during the third quarter valued at $55,000. JPMorgan Chase & Co. acquired a new stake in shares of ASA Gold and Precious Metals in the second quarter worth approximately $61,000. Savant Capital LLC acquired a new stake in shares of ASA Gold and Precious Metals in the third quarter worth approximately $220,000. HB Wealth Management LLC purchased a new stake in shares of ASA Gold and Precious Metals during the third quarter worth approximately $295,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in ASA Gold and Precious Metals in the 2nd quarter valued at $231,000.

About ASA Gold and Precious Metals

(Get Free Report)

ASA Gold & Precious Metals Limited, trading on the New York Stock Exchange under the ticker ASA, is a closed-end investment company dedicated to providing shareholders with targeted exposure to the precious metals sector. Established in 1959 and domiciled in Guernsey, the company aims to combine dividend income with the potential for long-term capital appreciation by investing in a diversified suite of gold, silver, platinum and palladium assets.

The firm’s core activities involve constructing and managing a portfolio that blends equity positions in precious metals mining companies with direct holdings of physical bullion.