Insider Buying: ASA Gold and Precious Metals (NYSE:ASA) Major Shareholder Acquires $319,100.00 in Stock

Posted by Defense World Staff on Jan 18th, 2026

ASA Gold and Precious Metals Limited (NYSE:ASA – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 5,000 shares of the business’s stock in a transaction on Wednesday, January 14th. The shares were bought at an average price of $63.82 per share, with a total value of $319,100.00. Following the purchase, the insider directly owned 5,452,444 shares in the company, valued at approximately $347,974,976.08. The trade was a 0.09% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares 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 stock was bought at an average cost of $64.52 per share, with a total value of $978,252.24.
On Monday, January 12th, Saba Capital Management, L.P. bought 9,508 shares of ASA Gold and Precious Metals stock. The stock was bought at an average price of $64.19 per share, for a total transaction of $610,318.52.
On Thursday, January 8th, Saba Capital Management, L.P. purchased 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. acquired 4,152 shares of ASA Gold and Precious Metals stock. The shares were bought at an average price of $62.03 per share, for a total transaction of $257,548.56.
On Wednesday, January 7th, Saba Capital Management, L.P. acquired 3,598 shares of ASA Gold and Precious Metals stock. The shares were purchased at an average cost of $59.78 per share, for a total transaction 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 purchased 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. purchased 8,770 shares of ASA Gold and Precious Metals stock. The shares were purchased at an average cost of $60.32 per share, for a total transaction of $529,006.40.
On Friday, January 2nd, Saba Capital Management, L.P. purchased 8,782 shares of ASA Gold and Precious Metals stock. The shares were purchased at an average price of $58.93 per share, for a total transaction of $517,523.26.
On Wednesday, December 31st, Saba Capital Management, L.P. acquired 9,112 shares of ASA Gold and Precious Metals stock. The stock was purchased at an average price of $59.99 per share, with a total value 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 purchased at an average cost of $60.34 per share, for a total transaction of $415,863.28.

ASA Gold and Precious Metals Stock Performance

Shares of NYSE ASA opened at $63.41 on Friday. The stock’s 50 day moving average price is $55.89 and its 200-day moving average price is $45.24. ASA Gold and Precious Metals Limited has a twelve month low of $21.57 and a twelve month high of $66.11.

Institutional Trading of ASA Gold and Precious Metals

A number of large investors have recently bought and sold shares of the company. Advisory Services Network LLC purchased a new position in shares of ASA Gold and Precious Metals during the 3rd quarter valued at $55,000. JPMorgan Chase & Co. purchased a new stake in ASA Gold and Precious Metals during the second quarter valued at about $61,000. Savant Capital LLC purchased a new stake in ASA Gold and Precious Metals during the third quarter valued at about $220,000. Steward Partners Investment Advisory LLC boosted its position in 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 shares of ASA Gold and Precious Metals in the second quarter worth about $231,000.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest 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.