Form 4: New Germany Fund Insider Buys Shares
Insider Transaction (Form 4)
Saba Capital Management, L.P. reported changes in beneficial ownership of New Germany Fund Inc common stock on September 29, 2026.
Summary
- Open-market purchase: acquired 1,988 Common Stock at $10.63 ($21,132) on September 29, 2026; holds 3,707,474 after (Indirect).
- Open-market purchase: acquired 11,059 Common Stock at $10.71 ($118,442) on September 30, 2026; holds 3,718,533 after (Indirect).
Sentiment
Score: 7
Explanation: StockSavvy.ai views this as a bullish signal: an insider made an open-market purchase of $139,574, committing personal capital to the stock.
Insider Transactions
Saba Capital Management, L.P. — 10% owner
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-29 | Open-market purchase | Common Stock | 1,988 | $11 | $21.1K | 3,707,474 |
| 2026-09-30 | Open-market purchase | Common Stock | 11,059 | $11 | $118.4K | 3,718,533 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-29 | Open-market purchase (1,988 shares) |
| 2026-09-30 | Open-market purchase (11,059 shares) |
Keywords
insider transaction, Form 4, GF, NEW GERMANY FUND INC, bullish, Saba Capital Management, L.P.
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.