Insider Buying: ASA Gold and Precious Metals (NYSE:ASA) Major Shareholder Acquires $1,273,624.25 in Stock

Posted by Stacy Sanders on Feb 5th, 2026

ASA Gold and Precious Metals Limited (NYSE:ASA – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 17,075 shares of the stock in a transaction that occurred on Thursday, January 29th. The stock was bought at an average cost of $74.59 per share, with a total value of $1,273,624.25. Following the completion of the transaction, the insider directly owned 5,544,732 shares in the company, valued at $413,581,559.88. The trade was a 0.31% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own 10% or more 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 Monday, February 2nd, Saba Capital Management, L.P. acquired 8,466 shares of ASA Gold and Precious Metals stock. The shares were purchased at an average cost of $64.27 per share, for a total transaction of $544,109.82.
On Friday, January 30th, Saba Capital Management, L.P. bought 21,708 shares of ASA Gold and Precious Metals stock. The stock was purchased at an average price of $65.56 per share, with a total value of $1,423,176.48.
On Wednesday, January 28th, Saba Capital Management, L.P. bought 57,165 shares of ASA Gold and Precious Metals stock. The stock was purchased at an average price of $75.32 per share, with a total value of $4,305,667.80.
On Tuesday, January 27th, Saba Capital Management, L.P. purchased 3,730 shares of ASA Gold and Precious Metals stock. The shares were purchased 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. purchased 1,400 shares of ASA Gold and Precious Metals stock. The shares were purchased 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. acquired 3,723 shares of ASA Gold and Precious Metals stock. The stock was purchased 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 stock was purchased at an average price of $63.63 per share, with a total value 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 acquired at an average price of $63.35 per share, for a total transaction of $294,830.90.
On Wednesday, January 14th, Saba Capital Management, L.P. bought 5,000 shares of ASA Gold and Precious Metals stock. The stock was acquired at an average cost of $63.82 per share, with a total value of $319,100.00.
On Tuesday, January 13th, Saba Capital Management, L.P. purchased 15,162 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average cost of $64.52 per share, with a total value of $978,252.24.

ASA Gold and Precious Metals Trading Up 0.5%

Shares of ASA Gold and Precious Metals stock opened at $67.63 on Thursday. The business’s fifty day simple moving average is $61.37 and its 200 day simple moving average is $48.60. ASA Gold and Precious Metals Limited has a 12 month low of $23.93 and a 12 month high of $78.21.

Institutional Trading of ASA Gold and Precious Metals

Several hedge funds have recently made changes to their positions in ASA. 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. bought a new stake in ASA Gold and Precious Metals in the 2nd quarter valued at about $61,000. Farther Finance Advisors LLC purchased a new stake in ASA Gold and Precious Metals during the fourth quarter valued at about $95,000. AlphaStar Capital Management LLC bought a new position in ASA Gold and Precious Metals during the fourth quarter worth about $217,000. Finally, Savant Capital LLC purchased a new position in shares of ASA Gold and Precious Metals in the third quarter worth about $220,000.

Wall Street Analysts Forecast Growth

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 investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, ASA Gold and Precious Metals 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.