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

Gloo Holdings (NASDAQ:GLOO) major shareholder Financial For Luthera Thrivent sold 10,000 shares of the stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $3.03, for a total transaction of $30,300.00. Following the transaction, the insider owned 4,075,000 shares of the company’s stock, valued at approximately $12,347,250. The trade was a 0.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases 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 stock was sold at an average price of $3.25, for a total transaction 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 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 stock was 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 shares were sold at an average price of $3.41, for a total value 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 value of $13,480.00.
• On Wednesday, August 26th, Financial For Luthera Thrivent sold 2,800 shares of Gloo stock. The shares were sold at an average price of $3.25, for a total value 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 value 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 value of $1,647.76.

Gloo Stock Performance

Shares of NASDAQ GLOO traded down $0.14 during trading on Thursday, reaching $3.01. 403,506 shares of the 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 stock has a market capitalization of $247.15 million and a P/E ratio of -0.53. Gloo Holdings has a 52-week low of $2.90 and a 52-week high of $9.98. The company has a 50-day moving average of $3.34 and a 200-day moving average of $4.85.

Gloo (NASDAQ:GLOO) last announced 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 company had revenue of $46.57 million during the quarter. Analysts forecast that Gloo Holdings will post -0.28 EPS for the current fiscal year.

Institutional Investors Weigh In On Gloo

Several hedge funds and other institutional investors have recently modified their holdings of the stock. 1492 Capital Management LLC purchased a new stake in shares of Gloo in the fourth quarter worth about $1,627,000. Annandale Capital LLC purchased a new position in Gloo during the fourth quarter valued at approximately $1,423,000. HRT Financial LP bought a new stake in Gloo during the 4th quarter worth approximately $179,000. Jane Street Group LLC bought a new stake in Gloo during the 4th quarter worth approximately $82,000. Finally, Marshall Wace LLP purchased a new stake in Gloo in the 4th quarter worth approximately $173,000.

Trending Headlines about Gloo

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.

Analyst Ratings Changes

Several analysts have recently issued reports on GLOO shares. Benchmark boosted their price target on shares of Gloo from $14.00 to $15.00 and gave the company a “buy” rating in a research report on Tuesday, June 9th. Citizens Jmp reiterated a “market outperform” rating and issued a $8.00 price objective on shares of Gloo in a research note on Thursday. Citigroup began coverage on shares of Gloo in a report on Monday, July 20th. They set an “outperform” rating on the stock. Lake Street Capital dropped their target price on Gloo from $12.00 to $8.00 and set a “buy” rating on the stock in a research report on Thursday. Finally, Weiss Ratings raised Gloo from a “sell (e)” rating to a “sell (d-)” rating in a report on Wednesday, August 12th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $12.00.

About Gloo

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.