Insider Buying: ASA Gold and Precious Metals (NYSE:ASA) Major Shareholder Purchases $415,863.28 in Stock

Posted by Donna Armstrong on Jan 5th, 2026

ASA Gold and Precious Metals Limited (NYSE:ASA – Get Free Report) major shareholder Saba Capital Management, L.P. bought 6,892 shares of the firm’s stock in a transaction that occurred on Tuesday, December 30th. The shares were acquired at an average cost of $60.34 per share, for a total transaction of $415,863.28. Following the completion of the acquisition, the insider directly owned 5,382,601 shares in the company, valued at $324,786,144.34. The trade was a 0.13% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own more than 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, December 31st, Saba Capital Management, L.P. purchased 9,112 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average cost of $59.99 per share, with a total value of $546,628.88.
On Monday, December 29th, Saba Capital Management, L.P. acquired 10,111 shares of ASA Gold and Precious Metals stock. The shares were bought at an average cost of $58.81 per share, with a total value of $594,627.91.
On Friday, December 26th, Saba Capital Management, L.P. acquired 714 shares of ASA Gold and Precious Metals stock. The stock was 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 shares were 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 shares were bought at an average cost of $61.75 per share, with a total value of $155,857.00.
On Monday, December 22nd, Saba Capital Management, L.P. purchased 2,760 shares of ASA Gold and Precious Metals stock. The stock was bought at an average cost 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 price of $57.52 per share, with a total value of $223,235.12.
On Wednesday, December 17th, Saba Capital Management, L.P. acquired 12,649 shares of ASA Gold and Precious Metals stock. The shares were purchased at an average price of $57.49 per share, with a total value 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 purchased at an average cost of $57.02 per share, for a total transaction of $333,338.92.
On Monday, December 15th, Saba Capital Management, L.P. bought 7,866 shares of ASA Gold and Precious Metals stock. The shares were purchased at an average price of $58.10 per share, for a total transaction of $457,014.60.

ASA Gold and Precious Metals Stock Performance

ASA opened at $58.18 on Monday. The business has a fifty day simple moving average of $52.48 and a 200 day simple moving average of $43.18. ASA Gold and Precious Metals Limited has a 1 year low of $20.63 and a 1 year high of $63.02.

Institutional Trading of ASA Gold and Precious Metals

Several large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. raised its stake in ASA Gold and Precious Metals by 64.7% in the third quarter. JPMorgan Chase & Co. now owns 3,199 shares of the investment management company’s stock valued at $147,000 after purchasing an additional 1,257 shares in the last quarter. Advisory Services Network LLC acquired a new stake in ASA Gold and Precious Metals during the third quarter worth about $55,000. Integrated Wealth Concepts LLC increased its holdings in ASA Gold and Precious Metals by 4.4% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 16,110 shares of the investment management company’s stock valued at $738,000 after buying an additional 681 shares during the period. Almitas Capital LLC acquired a new position in shares of ASA Gold and Precious Metals in the 3rd quarter valued at approximately $15,359,000. Finally, Landscape Capital Management L.L.C. acquired a new position in shares of ASA Gold and Precious Metals in the 3rd quarter valued at approximately $6,411,000.

Analysts Set New Price Targets

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

Read Our Latest Stock Report on ASA

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.