Insider Buying: ASA Gold and Precious Metals (NYSE:ASA) Major Shareholder Purchases 7,866 Shares of Stock

Posted by John Perry on Dec 16th, 2025

ASA Gold and Precious Metals Limited (NYSE:ASA – Get Free Report) major shareholder Saba Capital Management, L.P. bought 7,866 shares of the firm’s stock in a transaction dated Monday, December 15th. The shares were acquired at an average price of $58.10 per share, for a total transaction of $457,014.60. Following the transaction, the insider directly owned 5,336,757 shares in the company, valued at approximately $310,065,581.70. This represents a 0.15% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

On Friday, December 12th, Saba Capital Management, L.P. acquired 13,696 shares of ASA Gold and Precious Metals stock. The shares were bought at an average price of $57.85 per share, with a total value of $792,313.60.
On Wednesday, December 10th, Saba Capital Management, L.P. acquired 10,397 shares of ASA Gold and Precious Metals stock. The shares were bought at an average cost of $54.09 per share, for a total transaction of $562,373.73.
On Monday, December 8th, Saba Capital Management, L.P. bought 7,542 shares of ASA Gold and Precious Metals stock. The shares were bought at an average cost of $52.40 per share, with a total value of $395,200.80.
On Friday, December 5th, Saba Capital Management, L.P. acquired 8,002 shares of ASA Gold and Precious Metals stock. The shares were purchased at an average price of $53.22 per share, with a total value of $425,866.44.
On Thursday, December 4th, Saba Capital Management, L.P. acquired 15,408 shares of ASA Gold and Precious Metals stock. The stock was purchased at an average cost of $52.87 per share, with a total value of $814,620.96.
On Wednesday, December 3rd, Saba Capital Management, L.P. bought 9,576 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average cost of $53.37 per share, with a total value of $511,071.12.
On Tuesday, December 2nd, Saba Capital Management, L.P. bought 8,078 shares of ASA Gold and Precious Metals stock. The stock was acquired at an average price of $52.82 per share, with a total value of $426,679.96.
On Monday, December 1st, Saba Capital Management, L.P. purchased 9,560 shares of ASA Gold and Precious Metals stock. The stock was acquired at an average cost of $53.46 per share, for a total transaction of $511,077.60.
On Tuesday, November 25th, Saba Capital Management, L.P. purchased 7,283 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average price of $48.75 per share, for a total transaction of $355,046.25.
On Friday, November 21st, Saba Capital Management, L.P. acquired 9,784 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average cost of $46.94 per share, with a total value of $459,260.96.

ASA Gold and Precious Metals Trading Up 0.4%

ASA traded up $0.21 during trading on Tuesday, reaching $57.49. The company’s stock had a trading volume of 65,611 shares, compared to its average volume of 94,835. The firm has a fifty day simple moving average of $49.19 and a two-hundred day simple moving average of $40.58. ASA Gold and Precious Metals Limited has a 1 year low of $19.37 and a 1 year high of $59.25.

ASA Gold and Precious Metals Dividend Announcement

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

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “buy (b+)” rating on shares of ASA Gold and Precious Metals in a research note on Monday, December 8th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy”.

Get Our Latest Stock Analysis on ASA Gold and Precious Metals

Institutional Investors Weigh In On ASA Gold and Precious Metals

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Advisory Services Network LLC purchased a new stake in ASA Gold and Precious Metals in the third quarter valued at $55,000. JPMorgan Chase & Co. purchased a new stake in ASA Gold and Precious Metals in the 2nd quarter valued at about $61,000. Savant Capital LLC purchased a new stake in ASA Gold and Precious Metals in the 3rd quarter valued at about $220,000. HB Wealth Management LLC acquired a new position in ASA Gold and Precious Metals in the third quarter valued at about $295,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in ASA Gold and Precious Metals during the second quarter worth about $231,000.

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.