ASA Gold and Precious Metals Limited (NYSE:ASA - Get Free Report) major shareholder Saba Capital Management, L.P. purchased 8,002 shares of the stock in a transaction on Friday, December 5th. The shares were acquired at an average cost of $53.22 per share, with a total value of $425,866.44. Following the transaction, the insider directly owned 5,297,256 shares in the company, valued at $281,919,964.32. The trade was a 0.15% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Large shareholders that own at least 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 Thursday, December 4th, Saba Capital Management, L.P. bought 15,408 shares of ASA Gold and Precious Metals stock. The shares were acquired at an average cost of $52.87 per share, for a total transaction 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 price of $53.37 per share, with a total value of $511,071.12.
- On Tuesday, December 2nd, Saba Capital Management, L.P. purchased 8,078 shares of ASA Gold and Precious Metals stock. The stock was acquired at an average cost 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 bought at an average price of $53.46 per share, for a total transaction of $511,077.60.
- On Tuesday, November 25th, Saba Capital Management, L.P. acquired 7,283 shares of ASA Gold and Precious Metals stock. The shares were bought at an average cost 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 stock was bought at an average price of $46.94 per share, with a total value of $459,260.96.
- On Thursday, November 20th, Saba Capital Management, L.P. bought 27,496 shares of ASA Gold and Precious Metals stock. The shares were bought at an average cost of $47.41 per share, for a total transaction of $1,303,585.36.
- On Wednesday, November 19th, Saba Capital Management, L.P. purchased 10,094 shares of ASA Gold and Precious Metals stock. The shares were bought at an average price of $48.16 per share, for a total transaction of $486,127.04.
- On Tuesday, November 18th, Saba Capital Management, L.P. purchased 2,268 shares of ASA Gold and Precious Metals stock. The stock was bought at an average cost of $47.20 per share, with a total value of $107,049.60.
- On Monday, November 17th, Saba Capital Management, L.P. acquired 18,124 shares of ASA Gold and Precious Metals stock. The stock was bought at an average price of $47.35 per share, with a total value of $858,171.40.
ASA Gold and Precious Metals Stock Down 1.7%
ASA Gold and Precious Metals stock opened at $52.06 on Tuesday. ASA Gold and Precious Metals Limited has a fifty-two week low of $19.37 and a fifty-two week high of $54.69. The stock's 50 day simple moving average is $48.16 and its two-hundred day simple moving average is $39.70.
ASA Gold and Precious Metals Announces Dividend
The firm also recently declared a semi-annual dividend, which was paid on Wednesday, November 19th. Investors of record on Wednesday, November 12th were paid a $0.03 dividend. This represents a dividend yield of 12.0%. The ex-dividend date was Wednesday, November 12th.
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 1st. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of "Buy".
Check Out Our Latest Report on ASA
Hedge Funds Weigh In On ASA Gold and Precious Metals
Several institutional investors and hedge funds have recently modified their holdings of ASA. Atria Wealth Solutions Inc. bought a new position in ASA Gold and Precious Metals in the 1st quarter worth about $235,000. Sprott Inc. raised its holdings in ASA Gold and Precious Metals by 74.9% in the first quarter. Sprott Inc. now owns 280,183 shares of the investment management company's stock worth $8,445,000 after buying an additional 120,000 shares during the last quarter. Walleye Capital LLC lifted its stake in shares of ASA Gold and Precious Metals by 43.4% in the first quarter. Walleye Capital LLC now owns 24,530 shares of the investment management company's stock worth $739,000 after buying an additional 7,419 shares in the last quarter. Sessa Capital IM L.P. grew its holdings in shares of ASA Gold and Precious Metals by 56.3% during 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 buying an additional 378,327 shares during the last quarter. Finally, Fruth Investment Management purchased a new stake in shares of ASA Gold and Precious Metals during the first quarter valued at approximately $226,000.
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.
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