Insider Selling: Gloo (NASDAQ:GLOO) Major Shareholder Sells $118,090.00 in Stock

Posted by Brian Himes on Jun 20th, 2026

Gloo Holdings (NASDAQ:GLOO – Get Free Report) major shareholder Financial For Luthera Thrivent sold 24,500 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $4.82, for a total value of $118,090.00. Following the sale, the insider directly owned 4,730,000 shares of the company’s stock, valued at approximately $22,798,600. This trade represents a 0.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Large 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 Wednesday, June 17th, Financial For Luthera Thrivent sold 6,600 shares of Gloo stock. The shares were sold at an average price of $4.74, for a total value of $31,284.00.
On Tuesday, June 16th, Financial For Luthera Thrivent sold 4,400 shares of Gloo stock. The stock was sold at an average price of $4.72, for a total transaction of $20,768.00.
On Friday, June 12th, Financial For Luthera Thrivent sold 11,100 shares of Gloo stock. The stock was sold at an average price of $4.59, for a total value of $50,949.00.
On Thursday, June 11th, Financial For Luthera Thrivent sold 12,400 shares of Gloo stock. The shares were sold at an average price of $4.60, for a total transaction of $57,040.00.
On Wednesday, June 10th, Financial For Luthera Thrivent sold 8,477 shares of Gloo stock. The shares were sold at an average price of $4.70, for a total value of $39,841.90.

Gloo Stock Performance

GLOO stock opened at $4.69 on Friday. Gloo Holdings has a twelve month low of $4.45 and a twelve month high of $9.98. The business’s 50 day moving average is $5.91.

Gloo (NASDAQ:GLOO – Get Free Report) last released its quarterly earnings results on Monday, June 8th. The company reported ($0.22) EPS for the quarter, missing the consensus estimate of ($0.16) by ($0.06). The company had revenue of $41.53 million for the quarter. As a group, analysts predict that Gloo Holdings will post -0.31 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GLOO. Grace & Mercy Foundation Inc. acquired a new position in shares of Gloo during the fourth quarter worth approximately $14,225,000. 1492 Capital Management LLC lifted its holdings in shares of Gloo by 5.5% in the first quarter. 1492 Capital Management LLC now owns 301,706 shares of the company’s stock valued at $1,451,000 after buying an additional 15,824 shares during the period. Waverly Advisors LLC bought a new position in shares of Gloo during the 1st quarter valued at about $1,202,000. Annandale Capital LLC bought a new stake in Gloo during the fourth quarter worth approximately $1,423,000. Finally, Cornerstone Management Inc. bought a new stake in shares of Gloo during the 1st quarter worth $601,000.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on GLOO. Wall Street Zen downgraded Gloo from a “hold” rating to a “sell” rating in a research report on Saturday, May 23rd. Weiss Ratings upgraded shares of Gloo from a “sell (e-)” rating to a “sell (e)” rating in a report on Friday, May 1st. Finally, Benchmark lifted their price objective on Gloo from $14.00 to $15.00 and gave the company a “buy” rating in a research note on Tuesday, June 9th. Two investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $16.00.

Check Out Our Latest Analysis on Gloo

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.