Saba Capital Management, L.p., GF's 10% owner, spent $90.2K of their own money on 8,120 shares at $11. Their tracked buys have a 70% win rate.
NEW GERMANY FUND INC
SEC CIK 858706At a glance
Over the last 90 days, insiders at GF have bought a net $10.93M of stock (29 open-market buys vs 0 sells).
Largest recent trade: Saba Capital Management, L.p., GF's 10% owner, spent $2.88M of their own money on 241,593 shares at $12, growing their stake 8%. Their tracked buys have a 70% win rate.
Most active filer: Saba Capital Management, L.p., with 33 transactions among the recent filings shown.
Insider transaction history
Form 4 filings for GF, newest firstSaba Capital Management, L.p., GF's 10% owner, spent $26.7K of their own money on 2,511 shares at $11. Their tracked buys have a 70% win rate.
Saba Capital Management, L.p., GF's 10% owner, spent $194.1K of their own money on 15,920 shares at $12, growing their stake 1%. Their tracked buys have a 70% win rate.
About GF insider activity
This page tracks every recent Form 4 filed for NEW GERMANY FUND INC with the U.S. Securities and Exchange Commission. Form 4 is the disclosure that company insiders — officers, directors, and holders of more than 10% of the stock — must file within two business days of buying or selling shares.
The summary above nets open-market purchases against open-market sales over the trailing 90 days. Open-market trades (codes P and S) tend to carry the most signal because they reflect a deliberate choice to put money in or take it out, as opposed to routine grants, option exercises, or tax-withholding events. Use the badges on each row to tell them apart, and always confirm details against the original filing before drawing conclusions.
Frequently asked questions
How often is GF insider data updated?
Continuously. We read from SEC EDGAR, so new Form 4 filings for NEW GERMANY FUND INC usually appear here within minutes of being accepted by the SEC.
What does "net insider flow" mean?
It is the total dollar value of open-market insider purchases minus open-market sales over the last 90 days. A positive number (green) means insiders bought more than they sold; a negative number (red) means the reverse.
Why do some rows show grants or option exercises instead of buys?
Insiders receive stock through compensation as well as buying it outright. Form 4 captures all of these. We label each transaction by its SEC code so you can focus on open-market activity if you prefer.
Is this investment advice?
No. InsiderSource presents public filing data for informational purposes only. Insider activity is one of many factors to consider and is never a recommendation to buy or sell.