Saba Capital Management, L.P. Acquires 6,788 Shares of ASA Gold and Precious Metals (NYSE:ASA) Stock

Posted by Kyle Jackson on Feb 7th, 2026

ASA Gold and Precious Metals Limited (NYSE:ASA – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 6,788 shares of the firm’s stock in a transaction dated Wednesday, February 4th. The shares were bought at an average price of $66.45 per share, with a total value of $451,062.60. Following the purchase, the insider owned 5,610,027 shares in the company, valued at $372,786,294.15. The trade was a 0.12% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Major 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 Tuesday, February 3rd, Saba Capital Management, L.P. acquired 28,333 shares of ASA Gold and Precious Metals stock. The stock was purchased at an average price of $66.14 per share, for a total transaction of $1,873,944.62.
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, with a total value 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 cost of $65.56 per share, with a total value of $1,423,176.48.
On Thursday, January 29th, Saba Capital Management, L.P. bought 17,075 shares of ASA Gold and Precious Metals stock. The stock was purchased at an average price of $74.59 per share, for a total transaction of $1,273,624.25.
On Wednesday, January 28th, Saba Capital Management, L.P. purchased 57,165 shares of ASA Gold and Precious Metals stock. The shares were purchased at an average cost of $75.32 per share, for a total transaction 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 price of $73.15 per share, with a total value 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, with a total value 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, for a total transaction of $288,943.83.
On Thursday, January 15th, Saba Capital Management, L.P. acquired 4,654 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average cost of $63.35 per share, for a total transaction of $294,830.90.

ASA Gold and Precious Metals Trading Up 4.2%

Shares of NYSE:ASA opened at $65.90 on Friday. The company has a 50-day moving average price of $61.87 and a two-hundred day moving average price of $48.92. ASA Gold and Precious Metals Limited has a twelve month low of $23.93 and a twelve month high of $78.21.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “buy (b)” rating on shares of ASA Gold and Precious Metals in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy”.

View Our Latest Research Report on ASA

Institutional Investors Weigh In On ASA Gold and Precious Metals

Several hedge funds and other institutional investors have recently modified their holdings of ASA. Altium Capital Management LLC bought a new position in shares of ASA Gold and Precious Metals in the fourth quarter valued at approximately $3,116,000. WHI TRUST Co LLC bought a new stake in ASA Gold and Precious Metals during the 4th quarter worth approximately $30,000. Wolverine Asset Management LLC lifted its stake in ASA Gold and Precious Metals by 62.4% in the 4th quarter. Wolverine Asset Management LLC now owns 5,723 shares of the investment management company’s stock worth $341,000 after purchasing an additional 2,199 shares in the last quarter. AlphaStar Capital Management LLC bought a new position in ASA Gold and Precious Metals in the 4th quarter valued at $217,000. Finally, Farther Finance Advisors LLC bought a new position in ASA Gold and Precious Metals in the 4th quarter valued at $95,000.

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.