ASA Gold and Precious Metals (NYSE:ASA) Major Shareholder Buys $257,548.56 in Stock

Posted by Teresa Graham on Jan 12th, 2026

ASA Gold and Precious Metals Limited (NYSE:ASA – Get Free Report) major shareholder Saba Capital Management, L.P. acquired 4,152 shares of ASA Gold and Precious Metals stock in a transaction dated Friday, January 9th. The stock was purchased at an average price of $62.03 per share, for a total transaction of $257,548.56. Following the completion of the acquisition, the insider directly owned 5,422,774 shares in the company, valued at approximately $336,374,671.22. This represents a 0.08% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Major 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 Wednesday, January 7th, Saba Capital Management, L.P. bought 3,598 shares of ASA Gold and Precious Metals stock. The shares were purchased at an average price of $59.78 per share, with a total value of $215,088.44.
On Tuesday, January 6th, Saba Capital Management, L.P. bought 3,280 shares of ASA Gold and Precious Metals stock. The stock was acquired at an average cost of $61.80 per share, for a total transaction of $202,704.00.
On Monday, January 5th, Saba Capital Management, L.P. purchased 8,770 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average cost of $60.32 per share, with a total value of $529,006.40.
On Friday, January 2nd, Saba Capital Management, L.P. acquired 8,782 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average cost of $58.93 per share, with a total value of $517,523.26.
On Wednesday, December 31st, Saba Capital Management, L.P. bought 9,112 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average cost of $59.99 per share, for a total transaction of $546,628.88.
On Tuesday, December 30th, Saba Capital Management, L.P. bought 6,892 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average price of $60.34 per share, with a total value of $415,863.28.
On Monday, December 29th, Saba Capital Management, L.P. purchased 10,111 shares of ASA Gold and Precious Metals stock. The stock was bought at an average price of $58.81 per share, for a total transaction of $594,627.91.
On Friday, December 26th, Saba Capital Management, L.P. acquired 714 shares of ASA Gold and Precious Metals stock. The shares were bought at an average cost of $61.92 per share, for a total transaction of $44,210.88.
On Wednesday, December 24th, Saba Capital Management, L.P. bought 467 shares of ASA Gold and Precious Metals stock. The stock was bought at an average price of $60.76 per share, with a total value of $28,374.92.
On Tuesday, December 23rd, Saba Capital Management, L.P. bought 2,524 shares of ASA Gold and Precious Metals stock. The stock was bought at an average cost of $61.75 per share, for a total transaction of $155,857.00.

ASA Gold and Precious Metals Trading Up 1.5%

Shares of NYSE:ASA opened at $61.85 on Monday. ASA Gold and Precious Metals Limited has a 12 month low of $21.17 and a 12 month high of $63.02. The company’s fifty day moving average price is $54.05 and its 200 day moving average price is $44.20.

Institutional Trading of ASA Gold and Precious Metals

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Advisory Services Network LLC acquired a new stake in ASA Gold and Precious Metals during the 3rd quarter worth approximately $55,000. JPMorgan Chase & Co. purchased a new stake in shares of ASA Gold and Precious Metals during the second quarter worth approximately $61,000. Savant Capital LLC purchased a new stake in shares of ASA Gold and Precious Metals during the third quarter worth approximately $220,000. Steward Partners Investment Advisory LLC lifted its holdings in shares of ASA Gold and Precious Metals by 143.4% during the second quarter. Steward Partners Investment Advisory LLC now owns 7,252 shares of the investment management company’s stock worth $229,000 after purchasing an additional 4,272 shares during the period. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in ASA Gold and Precious Metals in the 2nd quarter valued at $231,000.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “buy (b)” rating on shares of ASA Gold and Precious Metals in a research report on Monday, December 29th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy”.

Check Out Our Latest Stock Report on ASA Gold and Precious Metals

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.