Saba Capital Management, L.P. Buys 9,508 Shares of ASA Gold and Precious Metals (NYSE:ASA) Stock

Posted by Casey Walker on Jan 13th, 2026

ASA Gold and Precious Metals Limited (NYSE:ASA – Get Free Report) major shareholder Saba Capital Management, L.P. acquired 9,508 shares of ASA Gold and Precious Metals stock in a transaction that occurred on Monday, January 12th. The shares were purchased at an average cost of $64.19 per share, with a total value of $610,318.52. Following the purchase, the insider owned 5,432,282 shares of the company’s stock, valued at $348,698,181.58. This represents a 0.18% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Large shareholders that own more than 10% 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 Thursday, January 8th, Saba Capital Management, L.P. purchased 2,479 shares of ASA Gold and Precious Metals stock. The stock was purchased at an average cost of $60.71 per share, for a total transaction of $150,500.09.
On Friday, January 9th, Saba Capital Management, L.P. acquired 4,152 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average cost of $62.03 per share, with a total value of $257,548.56.
On Wednesday, January 7th, Saba Capital Management, L.P. bought 3,598 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average price of $59.78 per share, with a total value of $215,088.44.
On Tuesday, January 6th, Saba Capital Management, L.P. purchased 3,280 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average price of $61.80 per share, with a total value of $202,704.00.
On Monday, January 5th, Saba Capital Management, L.P. acquired 8,770 shares of ASA Gold and Precious Metals stock. The stock was bought at an average price of $60.32 per share, for a total transaction of $529,006.40.
On Friday, January 2nd, Saba Capital Management, L.P. acquired 8,782 shares of ASA Gold and Precious Metals stock. The shares were bought at an average cost of $58.93 per share, with a total value of $517,523.26.
On Wednesday, December 31st, Saba Capital Management, L.P. bought 9,112 shares of ASA Gold and Precious Metals stock. The stock was bought at an average price of $59.99 per share, with a total value of $546,628.88.
On Tuesday, December 30th, Saba Capital Management, L.P. purchased 6,892 shares of ASA Gold and Precious Metals stock. The shares were purchased 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. acquired 10,111 shares of ASA Gold and Precious Metals stock. The stock was purchased 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. acquired 714 shares of ASA Gold and Precious Metals stock. The shares were purchased at an average price of $61.92 per share, for a total transaction of $44,210.88.

ASA Gold and Precious Metals Stock Performance

NYSE:ASA traded up $0.37 during mid-day trading on Tuesday, reaching $64.57. The stock had a trading volume of 51,840 shares, compared to its average volume of 89,931. The firm has a 50 day moving average price of $54.41 and a two-hundred day moving average price of $44.43. ASA Gold and Precious Metals Limited has a one year low of $21.57 and a one year high of $66.12.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Zazove Associates LLC purchased a new stake in ASA Gold and Precious Metals in the third quarter worth $811,000. Wealth Enhancement Advisory Services LLC purchased a new position in ASA Gold and Precious Metals during the second quarter valued at $231,000. Blue Bell Private Wealth Management LLC boosted its holdings in shares of ASA Gold and Precious Metals by 9.3% during 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. Wolverine Asset Management LLC purchased a new stake in shares of ASA Gold and Precious Metals in the 2nd quarter worth about $1,213,000. Finally, Laurel Wealth Advisors LLC increased its stake in shares of ASA Gold and Precious Metals by 3,057.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 31,570 shares of the investment management company’s stock worth $1,000,000 after acquiring an additional 30,570 shares in the last quarter.

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 investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy”.

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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.