Saba Capital adds to ASA Gold & Precious Metals stake
Saba Capital Management, L.P., a 10% owner of ASA Gold & Precious Metals Ltd, reported open‑market purchases of the company’s common stock.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Saba Capital Management, L.P., a 10% owner of ASA Gold & Precious Metals Ltd, reported open‑market purchases of the company’s common stock. On February 3, 2026, it bought 28,333 shares at $66.14 per share, followed by 6,788 shares at $66.45 per share on February 4, 2026.
After these transactions, Saba Capital Management, L.P. indirectly beneficially owned 5,603,239 shares, then 5,610,027 shares of ASA common stock. The ownership is reported as indirect, indicating the shares are held through an entity rather than directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 6,788 | $66.45 | $451K |
| Purchase | Common Stock | 28,333 | $66.14 | $1.87M |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did ASA (ASA) report in this Form 4?
At what prices did Saba Capital Management, L.P. buy ASA stock?
What is Saba Capital Management, L.P.’s ownership in ASA after these trades?
Is the ASA ownership by Saba Capital reported as direct or indirect?
What is Saba Capital Management, L.P.’s relationship to ASA Gold & Precious Metals Ltd?
AI-generated analysis. How Rhea-AI works. Not financial advice.