Gloo Holdings (NASDAQ:GLOO – Get Free Report) major shareholder Financial For Luthera Thrivent sold 27,859 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $4.59, for a total value of $127,872.81. Following the sale, the insider owned 4,684,000 shares in the company, valued at approximately $21,499,560. This trade represents a 0.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own more than 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 Monday, June 22nd, Financial For Luthera Thrivent sold 430 shares of Gloo stock. The shares were sold at an average price of $4.73, for a total value of $2,033.90.
- On Thursday, June 18th, Financial For Luthera Thrivent sold 6,711 shares of Gloo stock. The stock was sold at an average price of $4.70, for a total value of $31,541.70.
- On Wednesday, June 17th, Financial For Luthera Thrivent sold 6,600 shares of Gloo stock. The stock was 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 shares were sold at an average price of $4.72, for a total value of $20,768.00.
- On Monday, June 15th, Financial For Luthera Thrivent sold 24,500 shares of Gloo stock. The shares were sold at an average price of $4.82, for a total value of $118,090.00.
- 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 transaction of $50,949.00.
- On Thursday, June 11th, Financial For Luthera Thrivent sold 12,400 shares of Gloo stock. The stock was 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 transaction of $39,841.90.
Gloo Trading Down 2.3%
Shares of NASDAQ GLOO traded down $0.11 during trading on Tuesday, reaching $4.59. The company had a trading volume of 85,394 shares, compared to its average volume of 180,924. Gloo Holdings has a 52 week low of $4.45 and a 52 week high of $9.98. The business’s 50 day moving average is $5.87.
Institutional Trading of Gloo
Institutional investors have recently bought and sold shares of the business. Grace & Mercy Foundation Inc. acquired a new position in shares of Gloo in the 4th quarter valued at $14,225,000. 1492 Capital Management LLC acquired a new stake in shares of Gloo during the fourth quarter worth $1,627,000. Waverly Advisors LLC bought a new stake in Gloo in the first quarter valued at about $1,202,000. Annandale Capital LLC acquired a new position in Gloo in the fourth quarter valued at about $1,423,000. Finally, Cornerstone Management Inc. acquired a new position in Gloo in the first quarter valued at about $601,000.
Analyst Upgrades and Downgrades
GLOO has been the subject of several research reports. Wall Street Zen cut Gloo from a “hold” rating to a “sell” rating in a research note on Saturday, May 23rd. Weiss Ratings upgraded 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 stock a “buy” rating in a research report on Tuesday, June 9th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, Gloo currently has an average rating of “Hold” and a consensus price target of $16.00.
Check Out Our Latest Research Report on Gloo
Gloo Company Profile
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.
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