Gloo (NASDAQ:GLOO) Major Shareholder Sells $30,300.00 in Stock

Posted by Francis Steltz on Sep 13th, 2026

Gloo Holdings (NASDAQ:GLOO – Get Free Report) major shareholder Financial For Luthera Thrivent sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $3.03, for a total transaction of $30,300.00. Following the completion of the transaction, the insider directly owned 4,075,000 shares of the company’s stock, valued at $12,347,250. This represents a 0.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Major shareholders that own 10% or more 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 Wednesday, September 9th, Financial For Luthera Thrivent sold 9,000 shares of Gloo stock. The stock was sold at an average price of $3.25, for a total transaction 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 transaction of $32,000.00.
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 shares were 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 stock was 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 shares were sold at an average price of $3.44, for a total value of $1,647.76.

Gloo Price Performance

Shares of GLOO opened at $3.33 on Friday. The business’s 50-day moving average is $3.31 and its 200-day moving average is $4.84. 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 company has a market capitalization of $273.43 million and a price-to-earnings ratio of -0.46. Gloo Holdings has a fifty-two week low of $2.90 and a fifty-two week high of $9.98.

Gloo (NASDAQ:GLOO – Get Free Report) last posted 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. Equities research analysts expect that Gloo Holdings will post -0.65 EPS for the current fiscal year.

Analyst Ratings Changes

GLOO has been the topic of several research analyst reports. Citizens Jmp restated a “market outperform” rating and set a $8.00 price target on shares of Gloo in a report on Thursday. Wall Street Zen lowered Gloo from a “hold” rating to a “sell” rating in a report on Sunday. Lake Street Capital reduced their price objective on Gloo from $12.00 to $8.00 and set a “buy” rating for the company in a research report on Thursday. Benchmark boosted their target price on Gloo from $14.00 to $15.00 and gave the company a “buy” rating in a research note on Tuesday, June 9th. Finally, Weiss Ratings raised Gloo from a “sell (e)” rating to a “sell (d-)” rating in a research report on Wednesday, August 12th. Five equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $12.00.

Read Our Latest Stock Report on Gloo

Institutional Trading of Gloo

A number of institutional investors have recently added to or reduced their stakes in the business. 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 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.

About Gloo

(Get Free Report)

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.