ASA Gold and Precious Metals (NYSE:ASA) Major Shareholder Saba Capital Management, L.P. Buys 6,788 Shares

Posted by Donald Scott on Feb 6th, 2026

ASA Gold and Precious Metals Limited (NYSE:ASA – Get Free Report) major shareholder Saba Capital Management, L.P. bought 6,788 shares of ASA Gold and Precious Metals stock in a transaction dated Wednesday, February 4th. The stock was acquired at an average cost of $66.45 per share, for a total transaction of $451,062.60. Following the completion of the transaction, the insider directly owned 5,610,027 shares in the company, valued at approximately $372,786,294.15. This trade represents a 0.12% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

On Tuesday, February 3rd, Saba Capital Management, L.P. bought 28,333 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average price of $66.14 per share, with a total value of $1,873,944.62.
On Monday, February 2nd, Saba Capital Management, L.P. acquired 8,466 shares of ASA Gold and Precious Metals stock. The shares were bought 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 bought at an average price of $65.56 per share, with a total value of $1,423,176.48.
On Thursday, January 29th, Saba Capital Management, L.P. acquired 17,075 shares of ASA Gold and Precious Metals stock. The shares were purchased at an average price of $74.59 per share, with a total value of $1,273,624.25.
On Wednesday, January 28th, Saba Capital Management, L.P. purchased 57,165 shares of ASA Gold and Precious Metals stock. The shares were purchased 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 stock was acquired at an average cost of $73.15 per share, with a total value of $272,849.50.
On Monday, January 26th, Saba Capital Management, L.P. acquired 1,400 shares of ASA Gold and Precious Metals stock. The stock was acquired at an average price of $72.90 per share, with a total value 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 shares were bought at an average cost of $66.08 per share, for a total transaction 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 price of $63.63 per share, for a total transaction of $288,943.83.
On Thursday, January 15th, Saba Capital Management, L.P. bought 4,654 shares of ASA Gold and Precious Metals stock. The stock was bought at an average cost of $63.35 per share, with a total value of $294,830.90.

ASA Gold and Precious Metals Price Performance

NYSE ASA opened at $64.96 on Friday. ASA Gold and Precious Metals Limited has a 1-year low of $23.93 and a 1-year high of $78.21. The business’s fifty day moving average price is $61.61 and its 200-day moving average price is $48.70.

Hedge Funds Weigh In On ASA Gold and Precious Metals

Several institutional investors have recently bought and sold shares of ASA. WHI TRUST Co LLC bought a new position in shares of ASA Gold and Precious Metals during the 4th quarter valued at about $30,000. Advisory Services Network LLC purchased a new stake in shares of ASA Gold and Precious Metals during the 3rd quarter worth approximately $55,000. Farther Finance Advisors LLC purchased a new position in shares of ASA Gold and Precious Metals in the fourth quarter valued at $95,000. JPMorgan Chase & Co. purchased a new stake in ASA Gold and Precious Metals during the second quarter valued at $61,000. Finally, AlphaStar Capital Management LLC purchased a new position in shares of ASA Gold and Precious Metals in the 4th quarter worth $217,000.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Stock 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.