Gloo (NASDAQ:GLOO) Major Shareholder Sells $30,300.00 in Stock

Key Points

• Major shareholder Financial For Luthera Thrivent sold 10,000 Gloo shares at an average price of $3.03, reducing its ownership by 0.24% to 4.075 million shares. The sale followed several other disposals since late August.
• Gloo shares fell 4.4% to $3.01, near the company’s 52-week low, after the company reported a quarterly loss of $0.25 per share—worse than the $0.11 consensus estimate—despite $46.57 million in revenue.
• Analysts remain broadly optimistic, with five Buy ratings and one Sell rating producing a “Moderate Buy” consensus and a $12 average price target, although recent target reductions highlight execution and profitability concerns.

Gloo Holdings (NASDAQ:GLOO - Get Free Report) major shareholder Financial For Luthera Thrivent sold 10,000 shares of Gloo stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $3.03, for a total transaction of $30,300.00. Following the completion of the sale, the insider directly owned 4,075,000 shares of the company's stock, valued at approximately $12,347,250. This trade represents a 0.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Large shareholders that own at least 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 Wednesday, September 9th, Financial For Luthera Thrivent sold 9,000 shares of Gloo stock. The shares were sold at an average price of $3.25, for a total value of $29,250.00.
• On Tuesday, September 8th, Financial For Luthera Thrivent sold 10,000 shares of Gloo stock. The shares were sold at an average price of $3.20, for a total value of $32,000.00.
• On Friday, September 4th, Financial For Luthera Thrivent sold 5,500 shares of Gloo stock. The stock was sold at an average price of $3.09, for a total value of $16,995.00.
• On Thursday, September 3rd, Financial For Luthera Thrivent sold 1,000 shares of Gloo stock. The stock was sold at an average price of $3.06, for a total value 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 value of $1,560.00.
• On Friday, August 28th, Financial For Luthera Thrivent sold 3,000 shares of Gloo stock. The shares were 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 shares were sold at an average price of $3.44, for a total transaction of $1,647.76.

Gloo Stock Down 4.4%

Shares of NASDAQ GLOO traded down $0.14 during mid-day trading on Thursday, reaching $3.01. 403,506 shares of the company's stock traded hands, compared to its average volume of 157,862. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.94 and a quick ratio of 0.91. The business has a 50-day simple moving average of $3.34 and a 200 day simple moving average of $4.85. The stock has a market cap of $247.15 million and a P/E ratio of -0.53. Gloo Holdings has a 1-year low of $2.90 and a 1-year high of $9.98.

Gloo (NASDAQ:GLOO - Get Free Report) last posted its earnings results on Wednesday, September 9th. The company reported ($0.25) earnings per share for the quarter, missing analysts' consensus estimates of ($0.11) by ($0.14). The company had revenue of $46.57 million for the quarter. On average, analysts expect that Gloo Holdings will post -0.28 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently weighed in on GLOO. Weiss Ratings upgraded Gloo from a "sell (e)" rating to a "sell (d-)" rating in a report on Wednesday, August 12th. Wall Street Zen raised Gloo from a "sell" rating to a "hold" rating in a research report on Saturday, September 5th. Citigroup started coverage on Gloo in a research note on Monday, July 20th. They set an "outperform" rating on the stock. Lake Street Capital cut their price objective on shares of Gloo from $12.00 to $8.00 and set a "buy" rating on the stock in a report on Thursday. Finally, Benchmark upped their target price on shares of Gloo from $14.00 to $15.00 and gave the stock a "buy" rating in a research note on Tuesday, June 9th. Five research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Gloo presently has an average rating of "Moderate Buy" and a consensus target price of $12.00.

More 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.

Hedge Funds Weigh In On Gloo

Several hedge funds have recently modified their holdings of GLOO. EverSource Wealth Advisors LLC grew its holdings in shares of Gloo by 263.4% in the first quarter. EverSource Wealth Advisors LLC now owns 5,513 shares of the company's stock valued at $27,000 after acquiring an additional 3,996 shares in the last quarter. Jane Street Group LLC bought a new stake in Gloo during the fourth quarter worth $82,000. Beacon Pointe Advisors LLC bought a new stake in Gloo during the fourth quarter worth $142,000. Marshall Wace LLP purchased a new position in Gloo in the fourth quarter worth $173,000. Finally, HRT Financial LP bought a new position in Gloo in the 4th quarter valued at $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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