Insider Selling: Gloo (NASDAQ:GLOO) Major Shareholder Sells 9,000 Shares of Stock

Gloo Holdings (NASDAQ:GLOO) major shareholder Financial For Luthera Thrivent sold 9,000 shares of the business’s stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $3.25, for a total transaction of $29,250.00. Following the transaction, the insider owned 4,085,000 shares in the company, valued at approximately $13,276,250. This represents a 0.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Major 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 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 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 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 shares were 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 shares were sold at an average price of $3.44, for a total transaction of $1,647.76.

Gloo Stock Down 4.4%

NASDAQ GLOO traded down $0.14 during trading on Thursday, reaching $3.01. The company’s stock 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 PE ratio of -0.53. Gloo Holdings has a 1-year low of $2.90 and a 1-year high of $9.98. The business has a 50-day moving average price of $3.34 and a 200-day moving average price of $4.85.

Gloo (NASDAQ:GLOO) last announced its quarterly earnings results on Wednesday, September 9th. The company reported ($0.25) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.14). The firm had revenue of $46.57 million for the quarter. On average, research analysts forecast that Gloo Holdings will post -0.28 earnings per share for the current fiscal year.

Gloo News Summary

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 Analysts Forecast Growth

Several equities analysts have weighed in on GLOO shares. Weiss Ratings upgraded Gloo from a “sell (e)” rating to a “sell (d-)” rating in a report on Wednesday, August 12th. Benchmark upped their price target on Gloo from $14.00 to $15.00 and gave the stock a “buy” rating in a research note on Tuesday, June 9th. Wall Street Zen raised Gloo from a “sell” rating to a “hold” rating in a research note on Saturday, September 5th. Lake Street Capital reduced 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, Citizens Jmp reaffirmed a “market outperform” rating and set a $8.00 target price on shares of Gloo in a research report on Thursday. Five analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $12.00.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. 1492 Capital Management LLC bought a new position in Gloo in the 4th quarter worth $1,627,000. Annandale Capital LLC bought a new stake in Gloo during the fourth quarter valued at about $1,423,000. HRT Financial LP acquired a new stake in shares of Gloo in the fourth quarter valued at about $179,000. Jane Street Group LLC acquired a new stake in shares of Gloo in the fourth quarter valued at about $82,000. Finally, Marshall Wace LLP bought a new position in shares of Gloo in the fourth quarter worth about $173,000.

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.