Financial For Luthera Thrivent Sells 9,000 Shares of Gloo (NASDAQ:GLOO) Stock

Gloo Holdings (NASDAQ:GLOO) major shareholder Financial For Luthera Thrivent sold 9,000 shares of the stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $3.25, for a total transaction of $29,250.00. Following the sale, the insider owned 4,085,000 shares of the company’s stock, valued at $13,276,250. This trade represents a 0.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own more than 10% 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 transaction of $30,300.00.
• On Tuesday, September 8th, Financial For Luthera Thrivent sold 10,000 shares of Gloo stock. The stock was sold at an average price of $3.20, for a total transaction of $32,000.00.
• On Friday, September 4th, Financial For Luthera Thrivent sold 5,500 shares of Gloo stock. The stock was 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 value 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 value 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 value 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 value of $5,765.35.
• On Monday, August 24th, Financial For Luthera Thrivent sold 479 shares of Gloo stock. The stock was sold at an average price of $3.44, for a total value of $1,647.76.

Gloo Price Performance

Gloo stock opened at $3.33 on Friday. The business’s fifty day moving average is $3.31 and its two-hundred day moving average is $4.84. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.91 and a current ratio of 0.94. The firm has a market cap of $273.43 million and a P/E ratio of -0.46. Gloo Holdings has a 52 week low of $2.90 and a 52 week high of $9.98.

Gloo (NASDAQ:GLOO) last announced its earnings results on Wednesday, September 9th. The company reported ($0.25) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.14). The firm had revenue of $46.57 million during the quarter. Equities research analysts forecast that Gloo Holdings will post -0.28 earnings per share for the current fiscal year.

Gloo News Summary

Here are the key news stories impacting Gloo this week:

• Positive Sentiment: Management projected approximately $200 million in fiscal 2026 revenue, above the roughly $186 million consensus estimate, and forecast third-quarter revenue of about $55 million versus expectations of $44.1 million. Gloo also expects to reach adjusted EBITDA profitability in the fourth quarter, offering a potential catalyst. Gloo revenue outlook
• Positive Sentiment: Second-quarter revenue totaled $46.57 million, reportedly up 188% year over year and above expectations, indicating continued momentum for Gloo’s applied-AI and faith-focused technology platform. Gloo second-quarter revenue growth
• Positive Sentiment: Citizens JMP reaffirmed a Market Outperform rating and an $8 price target, implying substantial upside from recent trading levels. Analyst targets remain projections, not guarantees.
• Neutral Sentiment: Reported short interest was zero shares, indicating little measurable short-selling pressure or short-squeeze potential.
• Negative Sentiment: Gloo reported a quarterly loss of $0.25 per share, substantially worse than the expected $0.11 loss. The earnings miss underscores that profitability remains a key risk despite rapid revenue growth.
• Negative Sentiment: Major shareholder Financial For Luthera Thrivent sold a combined 29,000 shares from September 8 through September 10 for approximately $91,550. The sales reduced its ownership by less than 1%, so the signal is modest, but repeated selling may weigh on sentiment.

Wall Street Analyst Weigh In

GLOO has been the topic of a number of research reports. Citigroup began coverage on shares of Gloo in a research report on Monday, July 20th. They set an “outperform” rating on the stock. Lake Street Capital decreased their price target on Gloo from $12.00 to $8.00 and set a “buy” rating on the stock in a report on Thursday. Benchmark lifted their price objective on Gloo from $14.00 to $15.00 and gave the stock a “buy” rating in a research report on Tuesday, June 9th. Weiss Ratings raised Gloo from a “sell (e)” rating to a “sell (d-)” rating in a report on Wednesday, August 12th. Finally, Citizens Jmp restated a “market outperform” rating and set a $8.00 target price 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. According to data from MarketBeat.com, Gloo currently has an average rating of “Moderate Buy” and a consensus target price of $12.00.

Institutional Investors Weigh In On Gloo

A number of institutional investors have recently made changes to their positions in GLOO. EverSource Wealth Advisors LLC increased its holdings in Gloo by 263.4% in the first quarter. EverSource Wealth Advisors LLC now owns 5,513 shares of the company’s stock valued at $27,000 after purchasing an additional 3,996 shares during the last quarter. Waverly Advisors LLC bought a new position in Gloo during the first quarter worth about $1,202,000. 1492 Capital Management LLC boosted its holdings in Gloo by 5.5% during the first quarter. 1492 Capital Management LLC now owns 301,706 shares of the company’s stock worth $1,451,000 after buying an additional 15,824 shares during the last quarter. Cornerstone Management Inc. acquired a new position in shares of Gloo during the 1st quarter worth about $601,000. Finally, Beacon Pointe Advisors LLC acquired a new position in shares of Gloo during the 4th quarter worth about $142,000.

About Gloo

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.