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

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 transaction of $32,000.00. Following the completion of the sale, the insider owned 4,094,000 shares in the company, valued at $13,100,800. The trade was a 0.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Major shareholders that own at least 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 stock was sold at an average price of $3.03, for a total transaction 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 value 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 value of $3,060.00.
• On Wednesday, September 2nd, Financial For Luthera Thrivent sold 500 shares of Gloo stock. The stock was sold at an average price of $3.12, for a total value 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 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 stock was 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 transaction of $1,647.76.

Gloo Trading Down 4.4%

Shares of Gloo stock opened at $3.01 on Friday. The company has a current ratio of 0.94, a quick ratio of 0.91 and a debt-to-equity ratio of 0.11. The company has a fifty day simple moving average of $3.34 and a 200-day simple moving average of $4.85. The stock has a market cap of $247.15 million and a price-to-earnings ratio of -0.41. Gloo Holdings has a 12-month low of $2.90 and a 12-month high of $9.98.

Gloo (NASDAQ:GLOO) last announced its quarterly 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 company had revenue of $46.57 million for the quarter. On average, equities analysts forecast that Gloo Holdings will post -0.28 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have commented on GLOO. Lake Street Capital cut their price target on Gloo from $12.00 to $8.00 and set a “buy” rating on the stock in a research report on Thursday. Citizens Jmp reissued a “market outperform” rating and issued a $8.00 price objective on shares of Gloo in a report on Thursday. Wall Street Zen raised shares of Gloo from a “sell” rating to a “hold” rating in a report on Saturday, September 5th. Weiss Ratings upgraded shares of Gloo from a “sell (e)” rating to a “sell (d-)” rating in a research report on Wednesday, August 12th. Finally, Benchmark increased their price target on shares of Gloo from $14.00 to $15.00 and gave the stock a “buy” rating in a research note on Tuesday, June 9th. Five research 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, the stock currently has an average rating of “Moderate Buy” and an average price target of $12.00.

Hedge Funds Weigh In On Gloo

Large investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its holdings in shares of Gloo by 263.4% in the 1st quarter. EverSource Wealth Advisors LLC now owns 5,513 shares of the company’s stock valued at $27,000 after buying an additional 3,996 shares during the period. Waverly Advisors LLC purchased a new position in shares of Gloo in the 1st quarter valued at about $1,202,000. 1492 Capital Management LLC increased its holdings in shares of Gloo by 5.5% in 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. Cornerstone Management Inc. acquired a new stake in shares of Gloo in the first quarter valued at about $601,000. Finally, Beacon Pointe Advisors LLC purchased a new stake in Gloo during the fourth quarter worth about $142,000.

Key Headlines Impacting Gloo

Here are the key news stories impacting Gloo this week:

• Positive Sentiment: Management issued an FY 2026 revenue outlook of approximately $200 million, above the $186 million consensus estimate, and projected third-quarter revenue of about $55 million, versus expectations of $44.1 million. The company is also targeting adjusted EBITDA profitability in the fourth quarter. Gloo outlines $200M FY2026 revenue outlook
• Positive Sentiment: Gloo reported second-quarter revenue of $46.57 million, with year-over-year growth of 188%, highlighting continued momentum in its applied artificial-intelligence and faith-focused ecosystem. Gloo surpasses revenue expectations in Q2 2026
• Positive Sentiment: Citizens JMP reaffirmed its Market Outperform rating and maintained an $8 price target, implying substantial upside from recent trading levels. This supports the bullish case, although the target remains analyst-dependent.
• Neutral Sentiment: Reported short interest was zero shares, indicating no measurable short-selling pressure or potential short-squeeze catalyst.
• Negative Sentiment: Gloo reported an adjusted loss of $0.25 per share, wider than the expected $0.11 loss. The earnings shortfall may be weighing on the stock despite the revenue beat and improved outlook. Gloo quarterly earnings results
• Negative Sentiment: Major shareholder Financial For Luthera Thrivent sold a combined 29,000 shares from September 8–10 for roughly $91,550. The sales reduced its position by less than 1% overall, so the signal is modest but may add investor caution.

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.