Insider Buying: ASA Gold and Precious Metals (NYSE:ASA) Major Shareholder Buys $44,210.88 in Stock

Posted by Defense World Staff on Jan 2nd, 2026

ASA Gold and Precious Metals Limited (NYSE:ASA – Get Free Report) major shareholder Saba Capital Management, L.P. acquired 714 shares of the stock in a transaction on Friday, December 26th. The shares were acquired at an average price of $61.92 per share, with a total value of $44,210.88. Following the purchase, the insider owned 5,365,598 shares in the company, valued at $332,237,828.16. This represents a 0.01% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Major 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 Monday, December 29th, Saba Capital Management, L.P. bought 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 Wednesday, December 24th, Saba Capital Management, L.P. purchased 467 shares of ASA Gold and Precious Metals stock. The shares were bought at an average cost of $60.76 per share, with a total value of $28,374.92.
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, with a total value of $155,857.00.
On Monday, December 22nd, Saba Capital Management, L.P. acquired 2,760 shares of ASA Gold and Precious Metals stock. The shares were bought at an average price of $60.85 per share, for a total transaction of $167,946.00.
On Thursday, December 18th, Saba Capital Management, L.P. acquired 3,881 shares of ASA Gold and Precious Metals stock. The shares were bought at an average cost of $57.52 per share, with a total value 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. bought 5,846 shares of ASA Gold and Precious Metals stock. The stock was bought 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. purchased 7,866 shares of ASA Gold and Precious Metals stock. The shares were bought at an average cost of $58.10 per share, for a total transaction of $457,014.60.
On Friday, December 12th, Saba Capital Management, L.P. acquired 13,696 shares of ASA Gold and Precious Metals stock. The stock was 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. acquired 10,397 shares of ASA Gold and Precious Metals stock. The shares were purchased at an average price of $54.09 per share, for a total transaction of $562,373.73.

ASA Gold and Precious Metals Stock Down 0.7%

NYSE:ASA opened at $59.80 on Friday. The business’s 50 day moving average is $52.23 and its two-hundred day moving average is $42.87. ASA Gold and Precious Metals Limited has a 52 week low of $20.13 and a 52 week high of $63.02.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Sessa Capital IM L.P. lifted its stake in ASA Gold and Precious Metals by 56.3% in the first quarter. Sessa Capital IM L.P. now owns 1,050,000 shares of the investment management company’s stock valued at $31,647,000 after buying an additional 378,327 shares during the last quarter. Almitas Capital LLC acquired a new stake in shares of ASA Gold and Precious Metals in the 3rd quarter worth about $15,359,000. Medici Capital LLC bought a new stake in ASA Gold and Precious Metals in the 2nd quarter valued at about $5,238,000. Landscape Capital Management L.L.C. acquired a new position in ASA Gold and Precious Metals during the 3rd quarter valued at about $6,411,000. Finally, Wolverine Asset Management LLC bought a new position in ASA Gold and Precious Metals in the 2nd quarter worth about $1,213,000.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “buy (b)” rating on shares of ASA Gold and Precious Metals in a research note on Monday. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, ASA Gold and Precious Metals presently has an average rating of “Buy”.

Get Our Latest Research 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.