ASA Gold and Precious Metals (NYSE:ASA) Major Shareholder Purchases $257,548.56 in Stock

Posted by Andrew Walz on Jan 12th, 2026

ASA Gold and Precious Metals Limited (NYSE:ASA – Get Free Report) major shareholder Saba Capital Management, L.P. bought 4,152 shares of the stock in a transaction dated Friday, January 9th. The stock was purchased at an average cost of $62.03 per share, for a total transaction of $257,548.56. Following the acquisition, the insider owned 5,422,774 shares of the company’s stock, valued at approximately $336,374,671.22. This represents a 0.08% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Major shareholders that own more than 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, January 7th, Saba Capital Management, L.P. purchased 3,598 shares of ASA Gold and Precious Metals stock. The shares were purchased at an average cost of $59.78 per share, with a total value of $215,088.44.
On Tuesday, January 6th, Saba Capital Management, L.P. acquired 3,280 shares of ASA Gold and Precious Metals stock. The stock was purchased 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 acquired at an average cost of $60.32 per share, for a total transaction of $529,006.40.
On Friday, January 2nd, Saba Capital Management, L.P. bought 8,782 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average price of $58.93 per share, for a total transaction of $517,523.26.
On Wednesday, December 31st, Saba Capital Management, L.P. purchased 9,112 shares of ASA Gold and Precious Metals stock. The stock was acquired at an average cost 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 stock was acquired 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 shares were acquired at an average cost 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 stock was acquired at an average price of $61.92 per share, with a total value of $44,210.88.
On Wednesday, December 24th, Saba Capital Management, L.P. bought 467 shares of ASA Gold and Precious Metals stock. The shares were bought at an average price of $60.76 per share, for a total transaction of $28,374.92.
On Tuesday, December 23rd, Saba Capital Management, L.P. purchased 2,524 shares of ASA Gold and Precious Metals stock. The shares were bought at an average cost of $61.75 per share, for a total transaction of $155,857.00.

ASA Gold and Precious Metals Trading Up 1.5%

Shares of ASA opened at $61.85 on Monday. ASA Gold and Precious Metals Limited has a 52-week low of $21.17 and a 52-week high of $63.02. The company has a 50-day simple moving average of $54.05 and a 200-day simple moving average of $44.20.

Wall Street Analyst Weigh In

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

Read Our Latest Report on ASA

Institutional Trading of ASA Gold and Precious Metals

Several large investors have recently modified their holdings of the business. Advisory Services Network LLC purchased a new position in shares of ASA Gold and Precious Metals during the 3rd quarter worth approximately $55,000. JPMorgan Chase & Co. purchased a new stake in ASA Gold and Precious Metals in the 2nd quarter valued at approximately $61,000. Savant Capital LLC acquired a new stake in ASA Gold and Precious Metals during the 3rd quarter valued at $220,000. Steward Partners Investment Advisory LLC increased its position in ASA Gold and Precious Metals by 143.4% during the second quarter. Steward Partners Investment Advisory LLC now owns 7,252 shares of the investment management company’s stock worth $229,000 after buying an additional 4,272 shares in the last quarter. 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.