Gloo Holdings (NASDAQ:GLOO – Get Free Report) major shareholder Financial For Luthera Thrivent sold 36,000 shares of Gloo stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $3.23, for a total transaction of $116,280.00. Following the sale, the insider owned 4,039,000 shares of the company’s stock, valued at $13,045,970. The trade was a 0.88% 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 at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Financial For Luthera Thrivent also recently made the following trade(s):
- On Tuesday, September 15th, Financial For Luthera Thrivent sold 5,000 shares of Gloo stock. The stock was sold at an average price of $3.34, for a total transaction of $16,700.00.
- On Monday, September 14th, Financial For Luthera Thrivent sold 16,000 shares of Gloo stock. The stock was sold at an average price of $3.55, for a total transaction of $56,800.00.
- 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 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 stock was 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 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 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.
Gloo Stock Performance
Shares of Gloo stock opened at $4.91 on Friday. The firm has a market cap of $403.16 million and a P/E ratio of -0.67. The company has a current ratio of 1.23, a quick ratio of 1.21 and a debt-to-equity ratio of 0.21. Gloo Holdings has a 12 month low of $2.90 and a 12 month high of $9.98. The stock’s fifty day moving average price is $3.33 and its 200-day moving average price is $4.77.
Institutional Investors Weigh In On Gloo
A number of hedge funds and other institutional investors have recently bought and sold shares of GLOO. EverSource Wealth Advisors LLC boosted its stake 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 acquiring an additional 3,996 shares in the last quarter. Waverly Advisors LLC purchased a new stake in shares of Gloo during the 1st quarter valued at $1,202,000. 1492 Capital Management LLC lifted 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 during the last quarter. Cornerstone Management Inc. acquired a new stake in shares of Gloo in the 1st quarter worth $601,000. Finally, Grace & Mercy Foundation Inc. acquired a new stake in shares of Gloo in the 4th quarter worth $14,225,000.
Wall Street Analyst Weigh In
GLOO has been the topic of several research reports. Citizens Jmp reissued a “market outperform” rating and set a $8.00 price objective on shares of Gloo in a report on Thursday, September 10th. Benchmark upped their target price on Gloo from $14.00 to $15.00 and gave the stock a “buy” rating in a report on Tuesday, June 9th. Lake Street Capital dropped their target price on Gloo from $12.00 to $8.00 and set a “buy” rating on the stock in a research report on Thursday, September 10th. Citigroup began coverage on Gloo in a report on Monday, July 20th. They issued an “outperform” rating on the stock. Finally, Weiss Ratings cut Gloo from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday. Five investment 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.com, Gloo has a consensus rating of “Moderate Buy” and a consensus target price of $12.00.
Get Our Latest Analysis on GLOO
Gloo Company Profile
Gloo is a technology company that provides digital tools and services for faith-based organizations, including churches, ministries and other community-focused groups. Its platform is designed to help organizations build relationships, communicate with members and supporters, and manage engagement through digital channels.
The company’s offerings include customer relationship management capabilities, digital marketing and communications tools, data and analytics services, and technology intended to support ministry operations.
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