Financial For Luthera Thrivent Sells 10,000 Shares of Gloo (NASDAQ:GLOO) Stock

Gloo Holdings (NASDAQ:GLOO) major shareholder Financial For Luthera Thrivent sold 10,000 shares of Gloo stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $3.20, for a total transaction of $32,000.00. Following the transaction, the insider directly owned 4,094,000 shares in the company, valued at $13,100,800. This trade represents a 0.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Large shareholders that own at least 10% of a company’s stock 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 transaction of $30,300.00.
• 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 transaction of $29,250.00.
• 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 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 stock was 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 stock was sold at an average price of $3.44, for a total value of $1,647.76.

Gloo Trading Down 4.4%

NASDAQ GLOO traded down $0.14 during trading hours on Thursday, reaching $3.01. The company had a trading volume of 403,506 shares, compared to its average volume of 157,862. The company has a current ratio of 0.94, a quick ratio of 0.91 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $247.15 million and a P/E ratio of -0.53. The stock has a 50-day moving average of $3.37 and a 200 day moving average of $4.87. Gloo Holdings has a 1-year low of $2.90 and a 1-year high of $9.98.

Gloo (NASDAQ:GLOO) last announced its quarterly 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 business had revenue of $46.57 million for the quarter. As a group, research analysts anticipate that Gloo Holdings will post -0.28 earnings per share for the current fiscal year.

Institutional Trading of Gloo

Large investors have recently modified their holdings of the stock. Grace & Mercy Foundation Inc. purchased a new position in Gloo in the fourth quarter valued at $14,225,000. Cornerstone Management Inc. purchased a new stake in Gloo during the 1st quarter worth about $601,000. Waverly Advisors LLC acquired a new stake in Gloo in the 1st quarter valued at about $1,202,000. 1492 Capital Management LLC purchased a new position in shares of Gloo in the 4th quarter valued at about $1,627,000. Finally, Beacon Pointe Advisors LLC purchased a new position in shares of Gloo in the 4th quarter valued at about $142,000.

Analyst Upgrades and Downgrades

GLOO has been the topic of a number of research reports. Citizens Jmp restated a “market outperform” rating and set a $8.00 price target on shares of Gloo in a research note on Thursday. Weiss Ratings upgraded Gloo from a “sell (e)” rating to a “sell (d-)” rating in a report on Wednesday, August 12th. Citigroup assumed coverage on Gloo in a research note on Monday, July 20th. They set an “outperform” rating on the stock. Lake Street Capital lowered their target price on Gloo from $12.00 to $8.00 and set a “buy” rating for the company in a report on Thursday. Finally, Wall Street Zen raised Gloo from a “sell” rating to a “hold” rating in a research report on Saturday, September 5th. Five analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $12.00.

Key Stories Impacting 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.

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.