Gloo (NASDAQ:GLOO) Major Shareholder Financial For Luthera Thrivent Sells 9,000 Shares

Key Points

• Major shareholder Financial For Luthera Thrivent sold 9,000 Gloo shares at an average of $3.25, reducing its stake by 0.22% to 4.085 million shares. The sale was part of a broader series of recent dispositions.
• Gloo shares fell to $3.01, near the 52-week low of $2.90, while the company reported a quarterly loss of $0.25 per share—worse than the $0.11 consensus loss estimate—on $46.57 million in revenue.
• Despite the earnings miss, management projects approximately $200 million in fiscal 2026 revenue and targets adjusted EBITDA profitability in the fourth quarter. Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $12 price target.

Gloo Holdings (NASDAQ:GLOO - Get Free Report) major shareholder Financial For Luthera Thrivent sold 9,000 shares of the company's stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $3.25, for a total value of $29,250.00. Following the completion of the sale, the insider owned 4,085,000 shares of the company's stock, valued at $13,276,250. This trade represents a 0.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own 10% or more 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 Thursday, September 10th, Financial For Luthera Thrivent sold 10,000 shares of Gloo stock. The stock was sold at an average price of $3.03, for a total value of $30,300.00.
• 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 transaction of $32,000.00.
• On Friday, September 4th, Financial For Luthera Thrivent sold 5,500 shares of Gloo stock. The shares were sold at an average price of $3.09, for a total transaction of $16,995.00.
• On Thursday, September 3rd, Financial For Luthera Thrivent sold 1,000 shares of Gloo stock. The shares were sold at an average price of $3.06, for a total transaction of $3,060.00.
• On Wednesday, September 2nd, Financial For Luthera Thrivent sold 500 shares of Gloo stock. The stock was sold at an average price of $3.12, for a total transaction 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 transaction of $10,230.00.
• On Thursday, August 27th, Financial For Luthera Thrivent sold 4,000 shares of Gloo stock. The shares were sold at an average price of $3.37, for a total transaction of $13,480.00.
• On Wednesday, August 26th, Financial For Luthera Thrivent sold 2,800 shares of Gloo stock. The stock was sold at an average price of $3.25, for a total transaction of $9,100.00.
• On Tuesday, August 25th, Financial For Luthera Thrivent sold 1,721 shares of Gloo stock. The stock was sold at an average price of $3.35, for a total transaction of $5,765.35.
• On Monday, August 24th, Financial For Luthera Thrivent sold 479 shares of Gloo stock. The stock was sold at an average price of $3.44, for a total transaction of $1,647.76.

Gloo Price Performance

Shares of NASDAQ GLOO traded down $0.14 during trading on Thursday, hitting $3.01. The company had a trading volume of 403,506 shares, compared to its average volume of 157,862. Gloo Holdings has a 52 week low of $2.90 and a 52 week high of $9.98. The business's 50-day moving average is $3.34 and its 200 day moving average is $4.85. The company has a market cap of $247.15 million and a P/E ratio of -0.53. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.91 and a current ratio of 0.94.

Gloo (NASDAQ:GLOO - Get Free Report) last released its quarterly earnings data on Wednesday, September 9th. The company reported ($0.25) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.14). The firm had revenue of $46.57 million during the quarter. Equities research analysts predict that Gloo Holdings will post -0.28 earnings per share for the current fiscal year.

Key Gloo News

Here are the key news stories impacting Gloo this week:

• Positive Sentiment: Management projected fiscal 2026 revenue of approximately $200 million, above the $186 million analyst consensus, and guided for third-quarter revenue of $55 million versus expectations of $44.1 million. The company also continues to target adjusted EBITDA profitability in the fourth quarter. Gloo outlines $200M FY2026 revenue outlook while targeting adjusted EBITDA profitability in Q4
• Positive Sentiment: Gloo reportedly generated 188% year-over-year revenue growth in the second quarter, exceeding revenue expectations and highlighting demand for its applied artificial-intelligence products serving the faith and flourishing markets. Gloo Surpasses Revenue Expectations in Q2 2026
• Positive Sentiment: Citizens JMP reaffirmed its “market outperform” rating and maintained an $8 price target, implying substantial potential upside from the recent trading level. This supports the bullish view that revenue growth and a path to profitability could improve valuation.
• Neutral Sentiment: The reported short-interest data showed zero shares short and a zero-day days-to-cover ratio, indicating no meaningful short-position signal. However, the stated month-over-month increase is mathematically inconsistent because both reported totals were zero.
• Negative Sentiment: Gloo reported a quarterly loss of $0.25 per share, substantially worse than the consensus loss estimate of $0.11. Despite revenue of $46.57 million, the earnings miss raises concerns about near-term costs, margins and execution.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on GLOO shares. Wall Street Zen raised Gloo from a "sell" rating to a "hold" rating in a research note on Saturday, September 5th. Weiss Ratings raised shares of Gloo from a "sell (e)" rating to a "sell (d-)" rating in a research note on Wednesday, August 12th. Citigroup began coverage on shares of Gloo in a report on Monday, July 20th. They issued an "outperform" rating for the company. Citizens Jmp reissued a "market outperform" rating and issued a $8.00 target price on shares of Gloo in a research report on Thursday. Finally, Benchmark boosted their price target on shares of Gloo from $14.00 to $15.00 and gave the company a "buy" rating in a report on Tuesday, June 9th. Five equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $12.00.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC lifted its stake in Gloo by 263.4% in the 1st quarter. EverSource Wealth Advisors LLC now owns 5,513 shares of the company's stock worth $27,000 after acquiring an additional 3,996 shares in the last quarter. Jane Street Group LLC purchased a new position in Gloo during the 4th quarter valued at about $82,000. Beacon Pointe Advisors LLC acquired a new position in shares of Gloo in the 4th quarter valued at about $142,000. Marshall Wace LLP purchased a new stake in shares of Gloo in the fourth quarter worth approximately $173,000. Finally, HRT Financial LP purchased a new stake in shares of Gloo in the fourth quarter worth approximately $179,000.

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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