Saba Capital Management, L.P. Buys 28,333 Shares of ASA Gold and Precious Metals (NYSE:ASA) Stock

Posted by Defense World Staff on Feb 7th, 2026

ASA Gold and Precious Metals Limited (NYSE:ASA – Get Free Report) major shareholder Saba Capital Management, L.P. acquired 28,333 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was purchased at an average cost of $66.14 per share, with a total value of $1,873,944.62. Following the purchase, the insider directly owned 5,603,239 shares in the company, valued at approximately $370,598,227.46. This trade represents a 0.51% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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 Wednesday, February 4th, Saba Capital Management, L.P. bought 6,788 shares of ASA Gold and Precious Metals stock. The stock was acquired at an average price of $66.45 per share, with a total value of $451,062.60.
On Monday, February 2nd, Saba Capital Management, L.P. bought 8,466 shares of ASA Gold and Precious Metals stock. The stock was acquired at an average cost of $64.27 per share, with a total value of $544,109.82.
On Friday, January 30th, Saba Capital Management, L.P. purchased 21,708 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average price of $65.56 per share, for a total transaction of $1,423,176.48.
On Thursday, January 29th, Saba Capital Management, L.P. purchased 17,075 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average cost of $74.59 per share, for a total transaction of $1,273,624.25.
On Wednesday, January 28th, Saba Capital Management, L.P. acquired 57,165 shares of ASA Gold and Precious Metals stock. The stock was acquired at an average cost of $75.32 per share, with a total value of $4,305,667.80.
On Tuesday, January 27th, Saba Capital Management, L.P. bought 3,730 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average cost of $73.15 per share, for a total transaction of $272,849.50.
On Monday, January 26th, Saba Capital Management, L.P. bought 1,400 shares of ASA Gold and Precious Metals stock. The stock was acquired at an average price of $72.90 per share, for a total transaction of $102,060.00.
On Tuesday, January 20th, Saba Capital Management, L.P. purchased 3,723 shares of ASA Gold and Precious Metals stock. The stock was bought at an average cost of $66.08 per share, with a total value of $246,015.84.
On Friday, January 16th, Saba Capital Management, L.P. acquired 4,541 shares of ASA Gold and Precious Metals stock. The shares were bought at an average cost of $63.63 per share, for a total transaction of $288,943.83.
On Thursday, January 15th, Saba Capital Management, L.P. acquired 4,654 shares of ASA Gold and Precious Metals stock. The stock was bought at an average price of $63.35 per share, for a total transaction of $294,830.90.

ASA Gold and Precious Metals Price Performance

Shares of NYSE:ASA opened at $65.90 on Friday. The firm has a fifty day moving average of $61.87 and a two-hundred day moving average of $48.92. ASA Gold and Precious Metals Limited has a 12-month low of $23.93 and a 12-month high of $78.21.

Hedge Funds Weigh In On ASA Gold and Precious Metals

Several hedge funds have recently bought and sold shares of ASA. Almitas Capital LLC acquired a new stake in shares of ASA Gold and Precious Metals in the third quarter worth about $15,359,000. Landscape Capital Management L.L.C. acquired a new stake in ASA Gold and Precious Metals in the 3rd quarter worth approximately $6,411,000. Blue Bell Private Wealth Management LLC lifted its holdings in ASA Gold and Precious Metals by 9.3% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 138,355 shares of the investment management company’s stock worth $6,337,000 after purchasing an additional 11,808 shares during the last quarter. Private Advisor Group LLC boosted its position in 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 period. Finally, Noble Wealth Management PBC grew its holdings 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 last quarter.

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 analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.

View Our Latest Analysis on ASA Gold and Precious Metals

ASA Gold and Precious Metals Company Profile

(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.