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

Gloo Holdings (NASDAQ:GLOO) major shareholder Financial For Luthera Thrivent sold 10,000 shares of the firm’s stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $3.03, for a total value of $30,300.00. Following the transaction, the insider directly owned 4,075,000 shares of the company’s stock, valued at $12,347,250. The trade was a 0.24% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Large 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 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 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 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 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 stock was 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 transaction of $1,647.76.

Gloo Stock Performance

Shares of GLOO opened at $3.33 on Friday. Gloo Holdings has a 1 year low of $2.90 and a 1 year high of $9.98. The company’s 50 day simple moving average is $3.31 and its 200 day simple moving average is $4.84. The company has a market capitalization of $273.43 million and a price-to-earnings ratio of -0.46. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.91 and a current ratio of 0.94.

Gloo (NASDAQ:GLOO) last released 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, sell-side analysts predict that Gloo Holdings will post -0.28 EPS for the current 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.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Grace & Mercy Foundation Inc. purchased a new stake in Gloo during the fourth quarter valued at about $14,225,000. Cornerstone Management Inc. acquired a new stake in Gloo during the first quarter worth about $601,000. Waverly Advisors LLC purchased a new position in shares of Gloo in the 1st quarter worth about $1,202,000. 1492 Capital Management LLC acquired a new position in shares of Gloo in the 4th quarter valued at about $1,627,000. Finally, Annandale Capital LLC acquired a new position in shares of Gloo in the 4th quarter valued at about $1,423,000.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Citizens Jmp reiterated a “market outperform” rating and set a $8.00 target price on shares of Gloo in a research report on Thursday. Benchmark lifted their price target on Gloo from $14.00 to $15.00 and gave the company a “buy” rating in a report on Tuesday, June 9th. Wall Street Zen raised shares of Gloo from a “sell” rating to a “hold” rating in a research note on Saturday, September 5th. Weiss Ratings raised shares of Gloo from a “sell (e)” rating to a “sell (d-)” rating in a research report on Wednesday, August 12th. Finally, Citigroup began coverage on shares of Gloo in a report on Monday, July 20th. They issued an “outperform” rating for the company. Five equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $12.00.

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.