Gloo (NASDAQ:GLOO) Posts Quarterly Earnings Results, Misses Expectations By $0.06 EPS

Posted by Francis Steltz on Jun 8th, 2026

Gloo (NASDAQ:GLOO – Get Free Report) released its quarterly earnings results on Monday. The company reported ($0.22) earnings per share for the quarter, missing the consensus estimate of ($0.16) by ($0.06), Zacks reports.

Gloo Price Performance

GLOO stock traded down $0.19 during trading on Monday, hitting $5.08. The company had a trading volume of 799,768 shares, compared to its average volume of 83,376. The stock has a 50-day moving average price of $6.01. Gloo has a one year low of $4.63 and a one year high of $9.98.

Analyst Ratings Changes

GLOO has been the topic of several analyst reports. Benchmark reissued a “buy” rating on shares of Gloo in a research note on Wednesday, June 3rd. Weiss Ratings raised shares of Gloo from a “sell (e-)” rating to a “sell (e)” rating in a research note on Friday, May 1st. Finally, Wall Street Zen cut shares of Gloo from a “hold” rating to a “sell” rating in a research note on Saturday, May 23rd. Two investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $17.00.

Read Our Latest Stock Report on Gloo

Insider Buying and Selling

In other news, CEO Scott Arthur Beck purchased 3,700 shares of the business’s stock in a transaction on Friday, April 17th. The shares were acquired at an average price of $7.97 per share, with a total value of $29,489.00. Following the completion of the transaction, the chief executive officer owned 443,586 shares of the company’s stock, valued at $3,535,380.42. The trade was a 0.84% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have acquired a total of 33,886 shares of company stock worth $249,834 over the last quarter. Corporate insiders own 45.23% of the company’s stock.

Institutional Trading of Gloo

A number of institutional investors have recently bought and sold shares of GLOO. Annandale Capital LLC bought a new stake in Gloo during the fourth quarter valued at $1,423,000. Millennium Management LLC bought a new position in shares of Gloo during the 4th quarter worth approximately $402,000. HRT Financial LP bought a new position in shares of Gloo during the 4th quarter worth approximately $179,000. Marshall Wace LLP bought a new position in shares of Gloo during the 4th quarter worth approximately $173,000. Finally, Beacon Pointe Advisors LLC bought a new position in shares of Gloo during the 4th quarter worth approximately $142,000.

Gloo Company Profile

(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.