Saba Capital (NYSE: ASA) reports late-January common share purchases
Rhea-AI Filing Summary
Saba Capital Management, L.P., a 10% owner of ASA Gold & Precious Metals Ltd (ASA), reported two open-market purchases of common stock. On January 27, 2026, it bought 3,730 shares at $73.15 per share. On January 28, 2026, it bought an additional 57,165 shares at $75.32 per share. Following these transactions, Saba Capital indirectly beneficially owned 5,527,657 ASA common shares.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 57,165 | $75.32 | $4.31M |
| Purchase | Common Stock | 3,730 | $73.15 | $273K |
FAQ
What did Saba Capital report in this ASA (ASA) Form 4 filing?
Saba Capital Management, L.P. reported buying additional ASA Gold & Precious Metals Ltd common shares. It disclosed two open-market purchases on January 27 and 28, 2026, increasing its indirect beneficial ownership to 5,527,657 shares.
What is Saba Capital’s total indirect ownership in ASA (ASA) after these trades?
After the reported transactions, Saba Capital indirectly beneficially owned 5,527,657 ASA common shares. This total reflects its position following the January 28, 2026 purchase disclosed in the Form 4 filing.
What type of transactions did Saba Capital report for ASA (ASA)?
The transactions were coded as “P”, indicating open-market or private purchases of non-derivative ASA common stock. Both trades increased Saba Capital’s indirect beneficial ownership position in the issuer.
AI-generated analysis. How Rhea-AI works. Not financial advice.