ASA Gold and Precious Metals (NYSE:ASA) Major Shareholder Saba Capital Management, L.P. Purchases 8,078 Shares

Posted by Lauren Steadman on Dec 5th, 2025

ASA Gold and Precious Metals Limited (NYSE:ASA – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 8,078 shares of the firm’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was bought at an average price of $52.82 per share, for a total transaction of $426,679.96. Following the transaction, the insider directly owned 5,264,270 shares of the company’s stock, valued at $278,058,741.40. This trade represents a 0.15% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible 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 Wednesday, December 3rd, Saba Capital Management, L.P. acquired 9,576 shares of ASA Gold and Precious Metals stock. The shares were purchased at an average cost of $53.37 per share, with a total value of $511,071.12.
On Monday, December 1st, Saba Capital Management, L.P. acquired 9,560 shares of ASA Gold and Precious Metals stock. The shares were purchased at an average price of $53.46 per share, for a total transaction of $511,077.60.
On Tuesday, November 25th, Saba Capital Management, L.P. bought 7,283 shares of ASA Gold and Precious Metals stock. The stock was purchased at an average cost of $48.75 per share, for a total transaction of $355,046.25.
On Friday, November 21st, Saba Capital Management, L.P. bought 9,784 shares of ASA Gold and Precious Metals stock. The stock was purchased at an average price of $46.94 per share, with a total value of $459,260.96.
On Thursday, November 20th, Saba Capital Management, L.P. purchased 27,496 shares of ASA Gold and Precious Metals stock. The shares were purchased at an average cost of $47.41 per share, with a total value of $1,303,585.36.
On Wednesday, November 19th, Saba Capital Management, L.P. purchased 10,094 shares of ASA Gold and Precious Metals stock. The shares were purchased at an average price of $48.16 per share, for a total transaction of $486,127.04.
On Tuesday, November 18th, Saba Capital Management, L.P. acquired 2,268 shares of ASA Gold and Precious Metals stock. The shares were purchased at an average price of $47.20 per share, with a total value of $107,049.60.
On Monday, November 17th, Saba Capital Management, L.P. bought 18,124 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average price of $47.35 per share, with a total value of $858,171.40.
On Thursday, November 13th, Saba Capital Management, L.P. purchased 2,550 shares of ASA Gold and Precious Metals stock. The shares were bought at an average cost of $49.43 per share, for a total transaction of $126,046.50.
On Tuesday, November 11th, Saba Capital Management, L.P. acquired 10,286 shares of ASA Gold and Precious Metals stock. The stock was bought at an average cost of $47.64 per share, with a total value of $490,025.04.

ASA Gold and Precious Metals Stock Performance

ASA Gold and Precious Metals stock traded up $0.23 during mid-day trading on Thursday, reaching $52.99. The company had a trading volume of 100,234 shares, compared to its average volume of 94,757. The business has a fifty day simple moving average of $47.66 and a 200 day simple moving average of $39.15. ASA Gold and Precious Metals Limited has a fifty-two week low of $19.37 and a fifty-two week high of $54.03.

ASA Gold and Precious Metals Announces Dividend

The company also recently disclosed a semi-annual dividend, which was paid on Wednesday, November 19th. Investors of record on Wednesday, November 12th were given a dividend of $0.03 per share. The ex-dividend date was Wednesday, November 12th. This represents a yield of 12.0%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ASA. Wealth Enhancement Advisory Services LLC acquired a new position in shares of ASA Gold and Precious Metals in the 2nd quarter worth approximately $231,000. Atria Wealth Solutions Inc. acquired a new stake in shares of ASA Gold and Precious Metals during the first quarter worth $235,000. Sessa Capital IM L.P. raised its stake in ASA Gold and Precious Metals by 56.3% during 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. Walleye Capital LLC lifted its holdings 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 valued at $739,000 after buying an additional 7,419 shares during the period. Finally, Medici Capital LLC bought a new stake in ASA Gold and Precious Metals during the second quarter valued at $5,238,000.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated 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, According to data from MarketBeat, the company currently has an average rating of “Buy”.

Read Our Latest Report on ASA Gold and Precious Metals

ASA Gold and Precious Metals Company Profile

(Get Free Report)

ASA Gold and Precious Metals Limited is a publicly owned investment manager. The firm invests in the public equity markets across the globe. It primarily invests in stocks of companies engaged in the exploration, mining or processing of gold, silver, platinum, diamonds, or other precious minerals. It also invests in exchange traded funds.