Gloo (NASDAQ:GLOO) Major Shareholder Financial For Luthera Thrivent Sells 10,000 Shares

Gloo Holdings (NASDAQ:GLOO) major shareholder Financial For Luthera Thrivent sold 10,000 shares of the firm’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $3.20, for a total value of $32,000.00. Following the completion of the sale, the insider owned 4,094,000 shares in the company, valued at approximately $13,100,800. This represents a 0.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Financial For Luthera Thrivent also recently made the following trade(s):

• On Thursday, September 10th, Financial For Luthera Thrivent sold 10,000 shares of Gloo stock. The shares were sold at an average price of $3.03, for a total value of $30,300.00.
• On Wednesday, September 9th, Financial For Luthera Thrivent sold 9,000 shares of Gloo stock. The shares were sold at an average price of $3.25, for a total value of $29,250.00.
• On Friday, September 4th, Financial For Luthera Thrivent sold 5,500 shares of Gloo stock. The shares were sold at an average price of $3.09, for a total transaction of $16,995.00.
• On Thursday, September 3rd, Financial For Luthera Thrivent sold 1,000 shares of Gloo stock. The stock was sold at an average price of $3.06, for a total transaction of $3,060.00.
• On Wednesday, September 2nd, Financial For Luthera Thrivent sold 500 shares of Gloo stock. The shares were sold at an average price of $3.12, for a total transaction of $1,560.00.
• On Friday, August 28th, Financial For Luthera Thrivent sold 3,000 shares of Gloo stock. The stock was sold at an average price of $3.41, for a total transaction of $10,230.00.
• On Thursday, August 27th, Financial For Luthera Thrivent sold 4,000 shares of Gloo stock. The stock was sold at an average price of $3.37, for a total transaction of $13,480.00.
• On Wednesday, August 26th, Financial For Luthera Thrivent sold 2,800 shares of Gloo stock. The shares were sold at an average price of $3.25, for a total transaction of $9,100.00.
• On Tuesday, August 25th, Financial For Luthera Thrivent sold 1,721 shares of Gloo stock. The shares were sold at an average price of $3.35, for a total transaction of $5,765.35.
• On Monday, August 24th, Financial For Luthera Thrivent sold 479 shares of Gloo stock. The shares were sold at an average price of $3.44, for a total value of $1,647.76.

Gloo Stock Performance

NASDAQ GLOO traded down $0.14 on Thursday, hitting $3.01. 403,506 shares of the company’s stock were exchanged, compared to its average volume of 157,862. Gloo Holdings has a fifty-two week low of $2.90 and a fifty-two week high of $9.98. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.94 and a quick ratio of 0.91. The firm’s 50-day moving average price is $3.37 and its two-hundred day moving average price is $4.87. The firm has a market cap of $247.15 million and a price-to-earnings ratio of -0.53.

Gloo (NASDAQ:GLOO) last issued its earnings results on Wednesday, September 9th. The company reported ($0.25) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.14). The business had revenue of $46.57 million for the quarter. On average, research analysts expect that Gloo Holdings will post -0.28 EPS for the current year.

More Gloo News

Here are the key news stories impacting Gloo this week:

• Positive Sentiment: Management projected fiscal 2026 revenue of approximately $200 million, above the $186 million analyst consensus, and guided for third-quarter revenue of $55 million versus expectations of $44.1 million. The company also continues to target adjusted EBITDA profitability in the fourth quarter. Gloo outlines $200M FY2026 revenue outlook while targeting adjusted EBITDA profitability in Q4
• Positive Sentiment: Gloo reportedly generated 188% year-over-year revenue growth in the second quarter, exceeding revenue expectations and highlighting demand for its applied artificial-intelligence products serving the faith and flourishing markets. Gloo Surpasses Revenue Expectations in Q2 2026
• Positive Sentiment: Citizens JMP reaffirmed its “market outperform” rating and maintained an $8 price target, implying substantial potential upside from the recent trading level. This supports the bullish view that revenue growth and a path to profitability could improve valuation.
• Neutral Sentiment: The reported short-interest data showed zero shares short and a zero-day days-to-cover ratio, indicating no meaningful short-position signal. However, the stated month-over-month increase is mathematically inconsistent because both reported totals were zero.
• Negative Sentiment: Gloo reported a quarterly loss of $0.25 per share, substantially worse than the consensus loss estimate of $0.11. Despite revenue of $46.57 million, the earnings miss raises concerns about near-term costs, margins and execution.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Grace & Mercy Foundation Inc. acquired a new stake in shares of Gloo during the fourth quarter worth $14,225,000. Cornerstone Management Inc. acquired a new position in Gloo in the first quarter valued at $601,000. Waverly Advisors LLC purchased a new position in Gloo during the first quarter worth about $1,202,000. 1492 Capital Management LLC purchased a new position in Gloo during the fourth quarter worth about $1,627,000. Finally, Beacon Pointe Advisors LLC acquired a new stake in Gloo in the 4th quarter worth about $142,000.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on GLOO shares. Benchmark raised their target price on shares of Gloo from $14.00 to $15.00 and gave the company a “buy” rating in a report on Tuesday, June 9th. Weiss Ratings raised shares of Gloo from a “sell (e)” rating to a “sell (d-)” rating in a research note on Wednesday, August 12th. Lake Street Capital decreased their price target on shares of Gloo from $12.00 to $8.00 and set a “buy” rating on the stock in a research note on Thursday. Citigroup assumed coverage on shares of Gloo in a report on Monday, July 20th. They set an “outperform” rating for the company. Finally, Citizens Jmp reissued a “market outperform” rating and issued a $8.00 price objective on shares of Gloo in a research report on Thursday. Five analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Gloo presently has an average rating of “Moderate Buy” and an average price target of $12.00.

Gloo Company Profile

Gloo’s mission is to build the leading vertical technology platform for the faith and flourishing ecosystem, which we believe is one of the largest, oldest and least-digitized ecosystems in the world. Our purpose is to shape technology as a force for good, so people can flourish and communities can thrive. This is grounded in our belief that relationships catalyze growth, and when technology is used to serve relationships, it transforms lives. The faith and flourishing ecosystem is vast and, we believe, a technologically underserved vertical that includes traditional Christian (primarily Protestant and Catholic) churches and a diverse network of ministries, nonprofits and service providers.