Insider Buying: ASA Gold and Precious Metals (NYSE:ASA) Major Shareholder Acquires $546,628.88 in Stock

Posted by Patrick Bannon on Jan 5th, 2026

ASA Gold and Precious Metals Limited (NYSE:ASA – Get Free Report) major shareholder Saba Capital Management, L.P. acquired 9,112 shares of the business’s stock in a transaction on Wednesday, December 31st. The stock was purchased at an average cost of $59.99 per share, with a total value of $546,628.88. Following the acquisition, the insider directly owned 5,391,713 shares of the company’s stock, valued at $323,448,862.87. This represents a 0.17% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

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

On Tuesday, December 30th, Saba Capital Management, L.P. bought 6,892 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average price of $60.34 per share, for a total transaction of $415,863.28.
On Monday, December 29th, Saba Capital Management, L.P. purchased 10,111 shares of ASA Gold and Precious Metals stock. The stock was acquired at an average price of $58.81 per share, with a total value of $594,627.91.
On Friday, December 26th, Saba Capital Management, L.P. purchased 714 shares of ASA Gold and Precious Metals stock. The stock was acquired at an average cost of $61.92 per share, with a total value of $44,210.88.
On Wednesday, December 24th, Saba Capital Management, L.P. purchased 467 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average price of $60.76 per share, for a total transaction of $28,374.92.
On Tuesday, December 23rd, Saba Capital Management, L.P. acquired 2,524 shares of ASA Gold and Precious Metals stock. The stock was acquired 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. bought 2,760 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average cost of $60.85 per share, with a total value of $167,946.00.
On Thursday, December 18th, Saba Capital Management, L.P. bought 3,881 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average price of $57.52 per share, for a total transaction of $223,235.12.
On Wednesday, December 17th, Saba Capital Management, L.P. purchased 12,649 shares of ASA Gold and Precious Metals stock. The stock was bought at an average cost of $57.49 per share, for a total transaction of $727,191.01.
On Tuesday, December 16th, Saba Capital Management, L.P. acquired 5,846 shares of ASA Gold and Precious Metals stock. The shares were bought at an average price of $57.02 per share, with a total value of $333,338.92.
On Monday, December 15th, Saba Capital Management, L.P. acquired 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.

ASA Gold and Precious Metals Price Performance

ASA stock opened at $58.18 on Monday. The firm has a 50-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 52 week low of $20.63 and a 52 week high of $63.02.

Institutional Trading of ASA Gold and Precious Metals

A number of hedge funds have recently bought and sold shares of ASA. Sessa Capital IM L.P. lifted its stake in ASA Gold and Precious Metals by 56.3% in the 1st quarter. Sessa Capital IM L.P. now owns 1,050,000 shares of the investment management company’s stock worth $31,647,000 after purchasing an additional 378,327 shares in the last quarter. Almitas Capital LLC purchased a new position in ASA Gold and Precious Metals during the third quarter worth approximately $15,359,000. Medici Capital LLC acquired a new position in ASA Gold and Precious Metals during the second quarter worth $5,238,000. Landscape Capital Management L.L.C. acquired a new position in ASA Gold and Precious Metals during the third quarter worth $6,411,000. Finally, Blue Bell Private Wealth Management LLC grew 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 valued at $6,337,000 after buying an additional 11,808 shares in the last quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated 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 MarketBeat, ASA Gold and Precious Metals currently has a consensus rating of “Buy”.

Read 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.