Saba Capital Management, L.P. Purchases 2,268 Shares of ASA Gold and Precious Metals (NYSE:ASA) Stock

November 21, 2025 by InsiderTrades.com

Key Points

Saba Capital Management bought 10,094 ASA shares on Nov. 19 at $48.16, bringing its holding to 5,213,828 shares valued at about $251.1 million (a 0.19% increase).
Saba made multiple other purchases from Oct. 30–Nov. 18 totaling roughly 112,013 shares for about $5.21 million, signaling sustained accumulation of ASA stock.
ASA paid a semi‑annual dividend of $0.03 on Nov. 19 (ex‑dividend Nov. 12), representing a 12.0% yield.

ASA Gold and Precious Metals Limited (NYSE:ASA - Get Free Report) major shareholder Saba Capital Management, L.P. bought 2,268 shares of the business's stock in a transaction on Tuesday, November 18th. The stock was bought at an average cost of $47.20 per share, with a total value of $107,049.60. Following the completion of the purchase, the insider directly owned 5,203,734 shares in the company, valued at approximately $245,616,244.80. The trade was a 0.04% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company's stock are required to disclose their sales and purchases with the SEC.

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

On Wednesday, November 19th, Saba Capital Management, L.P. acquired 10,094 shares of ASA Gold and Precious Metals stock. The shares were purchased at an average price of $48.16 per share, with a total value of $486,127.04.
On Monday, November 17th, Saba Capital Management, L.P. purchased 18,124 shares of ASA Gold and Precious Metals stock. The shares were purchased at an average cost of $47.35 per share, for a total transaction 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 acquired at an average price of $49.43 per share, with a total value 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 shares were acquired at an average cost of $47.64 per share, with a total value of $490,025.04.
On Monday, November 10th, Saba Capital Management, L.P. bought 3,994 shares of ASA Gold and Precious Metals stock. The shares were bought at an average cost of $48.35 per share, with a total value of $193,109.90.
On Wednesday, November 5th, Saba Capital Management, L.P. purchased 928 shares of ASA Gold and Precious Metals stock. The shares were bought at an average price of $44.68 per share, with a total value of $41,463.04.
On Tuesday, November 4th, Saba Capital Management, L.P. acquired 20,070 shares of ASA Gold and Precious Metals stock. The stock was bought at an average price of $44.49 per share, for a total transaction of $892,914.30.
On Monday, November 3rd, Saba Capital Management, L.P. purchased 26,152 shares of ASA Gold and Precious Metals stock. The shares were purchased at an average price of $46.21 per share, for a total transaction of $1,208,483.92.
On Friday, October 31st, Saba Capital Management, L.P. purchased 15,847 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average price of $46.10 per share, for a total transaction of $730,546.70.
On Thursday, October 30th, Saba Capital Management, L.P. acquired 1,700 shares of ASA Gold and Precious Metals stock. The stock was acquired at an average price of $45.61 per share, with a total value of $77,537.00.

ASA Gold and Precious Metals Stock Performance

ASA stock traded up $0.05 during midday trading on Friday, hitting $46.10. The company's stock had a trading volume of 12,631 shares, compared to its average volume of 95,623. ASA Gold and Precious Metals Limited has a 52-week low of $19.37 and a 52-week high of $53.76. The firm has a 50-day simple moving average of $46.07 and a 200-day simple moving average of $37.75.

ASA Gold and Precious Metals Dividend Announcement

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

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Sessa Capital IM L.P. lifted its position in ASA Gold and Precious Metals by 56.3% in the first quarter. Sessa Capital IM L.P. now owns 1,050,000 shares of the investment management company's stock valued at $31,647,000 after acquiring an additional 378,327 shares during the last quarter. Almitas Capital LLC purchased a new position in shares of ASA Gold and Precious Metals during the 3rd quarter worth approximately $15,359,000. Medici Capital LLC acquired a new stake in ASA Gold and Precious Metals in the second quarter valued at $5,238,000. Landscape Capital Management L.L.C. purchased a new stake in ASA Gold and Precious Metals during the third quarter worth about $6,411,000. Finally, Cetera Investment Advisers grew its holdings in shares of ASA Gold and Precious Metals by 223.9% in the 1st quarter. Cetera Investment Advisers now owns 188,855 shares of the investment management company's stock worth $5,692,000 after acquiring an additional 130,547 shares during the period.

Analyst Ratings Changes

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Separately, Weiss Ratings restated a "buy (b)" rating on shares of ASA Gold and Precious Metals in a research note on Wednesday. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, ASA Gold and Precious Metals currently has an average rating of "Buy".

Get Our Latest Stock Analysis on ASA

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.