Insider Trading February 17, 2026

Saba Capital Adds 134,093 Shares of ASA Gold & Precious Metals in $9.44M Purchase

Ten-percent shareholder increases stake with purchases on February 12-13, 2026; holds 5,903,701 shares after transactions

By Hana Yamamoto ASA
Saba Capital Adds 134,093 Shares of ASA Gold & Precious Metals in $9.44M Purchase
ASA

Saba Capital Management, L.P., identified as a ten-percent owner of ASA Gold & Precious Metals Ltd (NYSE: ASA), reported acquiring 134,093 shares of ASA common stock across two days in February 2026. The transactions, executed on February 12 and 13, were completed at prices between $69.69 and $71.50 and totalled $9,436,454. After the purchases, Saba Capital holds 5,903,701 shares of the company.

Key Points

  • Saba Capital Management, L.P., a ten-percent owner of ASA Gold & Precious Metals Ltd (NYSE: ASA), purchased 134,093 shares across Feb. 12-13, 2026.
  • The transactions were executed at prices between $69.69 and $71.50 per share for a combined value of $9,436,454.
  • After these purchases Saba Capital holds 5,903,701 shares of ASA Gold & Precious Metals Ltd.

Saba Capital Management, L.P. - already noted in filings as a ten-percent owner of ASA Gold & Precious Metals Ltd (NYSE: ASA) - reported a pair of purchases of the precious metals royalty and streaming company's common stock in mid-February 2026.

The holdings update shows Saba Capital acquired a combined 134,093 shares on February 12 and February 13, 2026. The aggregate value of those purchases is reported as $9,436,454, with reported per-share prices ranging from $69.69 to $71.50.

Breaking down the two confirmed transactions, the first occurred on February 12 when Saba Capital bought 83,533 shares at $69.69 per share. The following day, February 13, the firm added 50,560 shares at a price of $71.50 per share. Together, the pair of transactions make up the 134,093-share total and the stated $9,436,454 consideration.

Following the completion of these purchases, Saba Capital Management, L.P. is recorded as holding 5,903,701 shares of ASA Gold & Precious Metals Ltd. The filing lists Saba Capital as a ten-percent owner of the company; the recent purchases are reflected in the updated share count.


Context and reporting scope

The information reported is administrative in nature: dates, share counts, per-share prices and an updated total holding figure. The filing does not provide commentary on the intent behind the purchases, nor does it include supplemental details about any broader strategy or related trading plans.


Impacted sectors

  • Precious metals and mining-related investment vehicles
  • Equity markets and institutional shareholder activity

Risks

  • The filing provides no explanation for the purchases; the motive or strategic rationale for adding shares is not disclosed - this creates uncertainty about whether the trades reflect a sustained change in stance or a short-term adjustment.
  • The report lists Saba Capital as a ten-percent owner and provides an updated share count, but it does not specify whether these transactions materially altered the firm's ownership percentage, leaving the extent of any change in investor concentration unclear.

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