Insider Purchase by Saba Capital Management, L.P. (10% Owner)
Trade Summary
2 days ago, Saba Capital Management, L.P., serving as 10% owner Owner at NEW GERMANY FUND INC (GF), purchased 2,905 shares at $11.46 per share, for a total transaction value of $33,277.00. Following this transaction, Saba Capital Management, L.P. now holds 3,681,084 shares of GF.
This purchase represents a 0.08% increase in Saba Capital Management, L.P.'s stake in the company.
The trade was executed on Tuesday, September 1, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, September 3, 2026 at 10:48 AM ET, 2 days 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
$11.46
Quantity
2,905
Total Value
$33,277.00
Shares Owned
3,681,084
Trade Date
2 days ago
SEC Filing Date
at 10:48 AM ET
Filed 2 days after trade
Discussion