Gloo (NASDAQ:GLOO) Major Shareholder Financial For Luthera Thrivent Sells 9,000 Shares

Gloo Holdings (NASDAQ:GLOO) major shareholder Financial For Luthera Thrivent sold 9,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $3.25, for a total transaction of $29,250.00. Following the completion of the sale, the insider owned 4,085,000 shares in the company, valued at $13,276,250. The trade was a 0.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases 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 stock was sold at an average price of $3.03, for a total value of $30,300.00.
• On Tuesday, September 8th, Financial For Luthera Thrivent sold 10,000 shares of Gloo stock. The shares were sold at an average price of $3.20, for a total value 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 value of $16,995.00.
• On Thursday, September 3rd, Financial For Luthera Thrivent sold 1,000 shares of Gloo stock. The shares were sold at an average price of $3.06, for a total value 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 shares were 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 stock was sold at an average price of $3.44, for a total value of $1,647.76.

Gloo Stock Performance

GLOO opened at $3.01 on Friday. Gloo Holdings has a 1-year low of $2.90 and a 1-year high of $9.98. The company has a market capitalization of $247.15 million and a price-to-earnings ratio of -0.41. The business has a 50 day moving average price of $3.34 and a two-hundred day moving average price of $4.85. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.94 and a quick ratio of 0.91.

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

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on GLOO. Citigroup initiated coverage on shares of Gloo in a report on Monday, July 20th. They issued an “outperform” rating for the company. Weiss Ratings upgraded Gloo from a “sell (e)” rating to a “sell (d-)” rating in a report on Wednesday, August 12th. Citizens Jmp reiterated a “market outperform” rating and issued a $8.00 target price on shares of Gloo in a research report on Thursday. Wall Street Zen upgraded shares of Gloo from a “sell” rating to a “hold” rating in a report on Saturday, September 5th. Finally, Lake Street Capital dropped 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. Five investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $12.00.

Institutional Trading of Gloo

A number of institutional investors have recently added to or reduced their stakes in GLOO. Grace & Mercy Foundation Inc. bought a new stake in Gloo in the fourth quarter worth approximately $14,225,000. 1492 Capital Management LLC raised its holdings in shares of Gloo by 5.5% during the 1st quarter. 1492 Capital Management LLC now owns 301,706 shares of the company’s stock valued at $1,451,000 after purchasing an additional 15,824 shares in the last quarter. Waverly Advisors LLC bought a new position in shares of Gloo during the 1st quarter valued at $1,202,000. Annandale Capital LLC acquired a new stake in shares of Gloo in the 4th quarter valued at $1,423,000. Finally, Cornerstone Management Inc. bought a new stake in Gloo in the first quarter worth $601,000.

Key Stories Impacting Gloo

Here are the key news stories impacting Gloo this week:

• Positive Sentiment: Management forecast fiscal 2026 revenue of approximately $200 million, above the $186 million consensus estimate, and 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, providing a potential catalyst for the stock. Gloo revenue outlook
• Positive Sentiment: Second-quarter revenue reached $46.57 million, representing reported year-over-year growth of 188% and signaling continued demand 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 potential upside from recent levels. However, analyst targets are projections rather than guarantees.
• Neutral Sentiment: Reported short interest was zero shares, suggesting little measurable short-selling pressure and no meaningful short-squeeze catalyst.
• Negative Sentiment: Gloo reported a quarterly loss of $0.25 per share, wider than the expected $0.11 loss. The earnings miss highlights continued profitability risk even as revenue and forward guidance improve. Gloo quarterly earnings results
• 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 position by less than 1%, making the signal modest, but repeated insider selling may weigh on sentiment.

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.