Insider Purchase by Saba Capital Management, L.P. (10% Owner)
Trade Summary
6 days ago, Saba Capital Management, L.P., serving as 10% owner Owner at NEW GERMANY FUND INC (GF), purchased 22,681 shares at $11.41 per share, for a total transaction value of $258,790.21. Following this transaction, Saba Capital Management, L.P. now holds 3,669,683 shares of GF.
This purchase represents a 0.62% increase in Saba Capital Management, L.P.'s stake in the company.
The trade was executed on Monday, July 20, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, July 21, 2026 at 5:13 PM ET, 1 day after the trade was made.
NEW GERMANY FUND INC operates in the FINANCIAL SERVICES sector, specifically within the ASSET MANAGEMENT industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$11.41
Quantity
22,681
Total Value
$258,790.21
Shares Owned
3,669,683
Trade Date
6 days ago
SEC Filing Date
at 5:13 PM ET
Filed 1 day after trade
Discussion