Free Trial

Gloo (NASDAQ:GLOO) CEO Scott Arthur Beck Purchases 27,386 Shares

Gloo logo with Services background
Image from MarketBeat Media, LLC.

Key Points

  • CEO Scott Arthur Beck purchased 27,386 shares at an average price of $7.23 (≈$198,000), raising his direct stake to 439,886 shares — a 6.64% increase.
  • Gloo reported a GAAP EPS miss (‑$0.78 vs. consensus ‑$0.31) but beat revenue and now guides roughly $190M for 2026 while targeting adjusted‑EBITDA profitability in Q4 2026, supported by the acquisition of Enterprisemarketdesk.
  • The stock rallied about 17.5% to $7.40 on heavy volume (279,999 shares vs. a 120,427 average), reflecting investor response to the upbeat guidance and strategic news.
  • Five stocks we like better than Gloo.

Gloo Holdings (NASDAQ:GLOO - Get Free Report) CEO Scott Arthur Beck bought 27,386 shares of the firm's stock in a transaction dated Thursday, April 16th. The shares were bought at an average price of $7.23 per share, with a total value of $198,000.78. Following the completion of the transaction, the chief executive officer directly owned 439,886 shares in the company, valued at approximately $3,180,375.78. This trade represents a 6.64% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Gloo Trading Up 17.5%

GLOO traded up $1.10 during trading hours on Thursday, reaching $7.40. The company's stock had a trading volume of 279,999 shares, compared to its average volume of 120,427. Gloo Holdings has a 52 week low of $4.63 and a 52 week high of $9.98. The company's 50-day simple moving average is $5.68.

Gloo (NASDAQ:GLOO - Get Free Report) last released its earnings results on Tuesday, April 14th. The company reported ($0.78) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.31) by ($0.47). The firm had revenue of $33.63 million during the quarter, compared to the consensus estimate of $31.98 million.

Analyst Upgrades and Downgrades

GLOO has been the topic of a number of research analyst reports. Weiss Ratings initiated coverage on Gloo in a research note on Thursday, February 12th. They issued a "sell (e-)" rating on the stock. Wall Street Zen upgraded Gloo from a "sell" rating to a "hold" rating in a report on Saturday, February 21st. Finally, Roth Mkm reissued a "buy" rating on shares of Gloo in a report on Thursday, January 29th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $17.00.

Get Our Latest Research Report on Gloo

Institutional Trading of Gloo

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC purchased a new position in shares of Gloo during the 4th quarter valued at about $82,000. Beacon Pointe Advisors LLC acquired a new stake in Gloo in the 4th quarter worth about $142,000. Marshall Wace LLP acquired a new stake in Gloo in the 4th quarter worth about $173,000. HRT Financial LP acquired a new position in shares of Gloo during the 4th quarter worth approximately $179,000. Finally, Millennium Management LLC acquired a new position in shares of Gloo during the 4th quarter worth approximately $402,000.

Gloo News Roundup

Here are the key news stories impacting Gloo this week:

  • Positive Sentiment: Revenue beat and management raised fiscal 2026 revenue guidance, prompting a pre-market share jump as investors rewarded top-line strength. Gloo Holdings Stock Jump 10% In Pre-Market: Here's What You Should Know
  • Positive Sentiment: Company now forecasts roughly $190M in 2026 revenue and is targeting adjusted‑EBITDA profitability in Q4 2026 — a concrete timeline that can re-rate a growth-stage stock if achieved. Gloo forecasts $190M 2026 revenue while targeting adjusted-ebitda-profitability in Q4 2026
  • Positive Sentiment: Acquisition of Enterprisemarketdesk to expand Workday services supports the revenue guide and accelerates cross‑selling opportunities in higher‑margin services. Strategic tuck‑ins like this can boost near‑term bookings and revenue visibility. Gloo to Acquire Enterprisemarketdesk
  • Positive Sentiment: Local reporting highlights management’s public projection of profitability by late 2026, reinforcing the guidance narrative investors care about. Gloo projects profitability by late 2026
  • Neutral Sentiment: Full Q4 earnings call transcript and slide deck are available — useful for digging into margins, customer metrics and cadence to profitability but not new market-moving facts by themselves. Gloo (GLOO) Q4 2025 Earnings Call Transcript
  • Negative Sentiment: GAAP EPS missed materially: reported ($0.78) vs. consensus ($0.31). The continued losses underscore execution and margin risks — a potential headwind if investors doubt the company can reach the profitability timetable. Gloo earnings report and transcript

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Gloo Right Now?

Before you consider Gloo, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gloo wasn't on the list.

While Gloo currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The 10 Best AI Stocks to Own in 2026 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines