ASA Gold and Precious Metals (NYSE:ASA) Major Shareholder Saba Capital Management, L.P. Buys 467 Shares

Posted by Brian Himes on Dec 30th, 2025

ASA Gold and Precious Metals Limited (NYSE:ASA – Get Free Report) major shareholder Saba Capital Management, L.P. bought 467 shares of the firm’s stock in a transaction on Wednesday, December 24th. The shares were acquired at an average cost of $60.76 per share, with a total value of $28,374.92. Following the purchase, the insider directly owned 5,364,884 shares of the company’s stock, valued at approximately $325,970,351.84. This represents a 0.01% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

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

On Monday, December 29th, Saba Capital Management, L.P. purchased 10,111 shares of ASA Gold and Precious Metals stock. The stock was bought at an average price of $58.81 per share, for a total transaction of $594,627.91.
On Friday, December 26th, Saba Capital Management, L.P. acquired 714 shares of ASA Gold and Precious Metals stock. The shares were bought at an average cost of $61.92 per share, with a total value of $44,210.88.
On Tuesday, December 23rd, Saba Capital Management, L.P. bought 2,524 shares of ASA Gold and Precious Metals stock. The stock was bought at an average cost of $61.75 per share, for a total transaction 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 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. purchased 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. purchased 12,649 shares of ASA Gold and Precious Metals stock. The stock was purchased at an average price 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 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 stock was purchased at an average cost of $58.10 per share, with a total value of $457,014.60.
On Friday, December 12th, Saba Capital Management, L.P. bought 13,696 shares of ASA Gold and Precious Metals stock. The stock was purchased at an average price of $57.85 per share, for a total transaction of $792,313.60.
On Wednesday, December 10th, Saba Capital Management, L.P. purchased 10,397 shares of ASA Gold and Precious Metals stock. The shares were purchased at an average price of $54.09 per share, for a total transaction of $562,373.73.

ASA Gold and Precious Metals Price Performance

Shares of ASA traded up $0.75 on Tuesday, hitting $60.14. 93,428 shares of the stock traded hands, compared to its average volume of 98,938. ASA Gold and Precious Metals Limited has a one year low of $20.13 and a one year high of $63.02. The business has a 50 day simple moving average of $51.67 and a 200 day simple moving average of $42.64.

Wall Street Analyst Weigh In

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

Get Our Latest Report on ASA

Institutional Trading of ASA Gold and Precious Metals

A number of large investors have recently made changes to their positions in the business. Walleye Capital LLC grew its position in ASA Gold and Precious Metals by 43.4% in the first quarter. Walleye Capital LLC now owns 24,530 shares of the investment management company’s stock worth $739,000 after acquiring an additional 7,419 shares in the last quarter. Sessa Capital IM L.P. lifted its position in ASA Gold and Precious Metals by 56.3% in the first quarter. Sessa Capital IM L.P. now owns 1,050,000 shares of the investment management company’s stock worth $31,647,000 after buying an additional 378,327 shares during the last quarter. Fruth Investment Management purchased a new position in ASA Gold and Precious Metals during the first quarter worth $226,000. Medici Capital LLC bought a new position in ASA Gold and Precious Metals during the second quarter valued at $5,238,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in shares of ASA Gold and Precious Metals in the second quarter valued at $231,000.

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.