Saba Capital Management, L.P. Purchases 5,000 Shares of ASA Gold and Precious Metals (NYSE:ASA) Stock

Posted by Jessica Moore on Jan 17th, 2026

ASA Gold and Precious Metals Limited (NYSE:ASA – Get Free Report) major shareholder Saba Capital Management, L.P. bought 5,000 shares of the business’s stock in a transaction on Wednesday, January 14th. The shares were acquired at an average cost of $63.82 per share, for a total transaction of $319,100.00. Following the transaction, the insider directly owned 5,452,444 shares in the company, valued at approximately $347,974,976.08. This trade represents a 0.09% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

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

On Tuesday, January 13th, Saba Capital Management, L.P. acquired 15,162 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average price of $64.52 per share, for a total transaction of $978,252.24.
On Monday, January 12th, Saba Capital Management, L.P. acquired 9,508 shares of ASA Gold and Precious Metals stock. The stock was acquired at an average cost of $64.19 per share, with a total value of $610,318.52.
On Thursday, January 8th, Saba Capital Management, L.P. bought 2,479 shares of ASA Gold and Precious Metals stock. The shares were bought at an average price of $60.71 per share, with a total value of $150,500.09.
On Friday, January 9th, Saba Capital Management, L.P. bought 4,152 shares of ASA Gold and Precious Metals stock. The shares were bought at an average cost of $62.03 per share, for a total transaction of $257,548.56.
On Wednesday, January 7th, Saba Capital Management, L.P. purchased 3,598 shares of ASA Gold and Precious Metals stock. The stock was bought at an average cost of $59.78 per share, with a total value of $215,088.44.
On Tuesday, January 6th, Saba Capital Management, L.P. acquired 3,280 shares of ASA Gold and Precious Metals stock. The shares were bought at an average price of $61.80 per share, with a total value of $202,704.00.
On Monday, January 5th, Saba Capital Management, L.P. bought 8,770 shares of ASA Gold and Precious Metals stock. The stock was bought at an average price of $60.32 per share, for a total transaction of $529,006.40.
On Friday, January 2nd, Saba Capital Management, L.P. bought 8,782 shares of ASA Gold and Precious Metals stock. The stock was purchased at an average price of $58.93 per share, with a total value of $517,523.26.
On Wednesday, December 31st, Saba Capital Management, L.P. purchased 9,112 shares of ASA Gold and Precious Metals stock. The stock was purchased at an average price of $59.99 per share, for a total transaction of $546,628.88.
On Tuesday, December 30th, Saba Capital Management, L.P. acquired 6,892 shares of ASA Gold and Precious Metals stock. The shares were purchased at an average price of $60.34 per share, with a total value of $415,863.28.

ASA Gold and Precious Metals Stock Performance

Shares of ASA opened at $63.41 on Friday. The company has a 50 day moving average of $55.89 and a two-hundred day moving average of $45.15. ASA Gold and Precious Metals Limited has a twelve month low of $21.57 and a twelve month high of $66.11.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “buy (b)” rating on shares of ASA Gold and Precious Metals in a report on Monday, December 29th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, ASA Gold and Precious Metals currently has a consensus rating of “Buy”.

Get Our Latest Stock Analysis on ASA

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Almitas Capital LLC purchased a new stake in ASA Gold and Precious Metals in the third quarter valued at approximately $15,359,000. Landscape Capital Management L.L.C. purchased a new stake in shares of ASA Gold and Precious Metals in the 3rd quarter valued at $6,411,000. Blue Bell Private Wealth Management LLC increased its stake in shares of ASA Gold and Precious Metals by 9.3% in the third quarter. Blue Bell Private Wealth Management LLC now owns 138,355 shares of the investment management company’s stock worth $6,337,000 after acquiring an additional 11,808 shares during the period. Private Advisor Group LLC raised its holdings in shares of ASA Gold and Precious Metals by 3.2% during the third quarter. Private Advisor Group LLC now owns 84,157 shares of the investment management company’s stock worth $3,854,000 after purchasing an additional 2,622 shares during the last quarter. Finally, Noble Wealth Management PBC lifted its position in ASA Gold and Precious Metals by 61.7% during the fourth quarter. Noble Wealth Management PBC now owns 73,354 shares of the investment management company’s stock valued at $4,377,000 after purchasing an additional 27,987 shares during the period.

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.