Key Points
- Gloo CEO Scott Arthur Beck bought 27,386 shares on April 16 at an average price of $7.23 (≈$198,000), increasing his stake to 439,886 shares — a 6.64% ownership rise — as disclosed in an SEC Form 4.
- The company reported Q4 GAAP EPS of ($0.78) versus consensus ($0.31), missing estimates although revenue beat at $33.63M, and management raised 2026 revenue guidance to about $190M while targeting adjusted‑EBITDA profitability in Q4 2026.
- Analyst and investor interest is mixed: the average MarketBeat rating is "Hold" with a $17 price target (one Buy, one Sell), while several institutions including Jane Street and Millennium recently established new positions.
Gloo Holdings (NASDAQ:GLOO - Get Free Report) CEO Scott Arthur Beck purchased 27,386 shares of the stock in a transaction dated Thursday, April 16th. The stock was acquired at an average cost of $7.23 per share, for a total transaction of $198,000.78. Following the transaction, the chief executive officer owned 439,886 shares of the company's stock, valued at approximately $3,180,375.78. This trade represents a 6.64% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Gloo Stock Performance
NASDAQ GLOO opened at $7.40 on Friday. The company has a 50 day simple moving average of $5.68. Gloo Holdings has a 12-month low of $4.63 and a 12-month high of $9.98.
Gloo (NASDAQ:GLOO - Get Free Report) last posted its quarterly earnings results on Tuesday, April 14th. The company reported ($0.78) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.31) by ($0.47). The firm had revenue of $33.63 million for the quarter, compared to the consensus estimate of $31.98 million.
Institutional Investors Weigh In On Gloo
A number of institutional investors have recently made changes to their positions in GLOO. Jane Street Group LLC purchased a new stake in shares of Gloo in the 4th quarter valued at $82,000. Beacon Pointe Advisors LLC purchased a new stake in shares of Gloo in the 4th quarter valued at $142,000. Marshall Wace LLP purchased a new stake in shares of Gloo in the 4th quarter valued at $173,000. HRT Financial LP purchased a new stake in shares of Gloo in the 4th quarter valued at $179,000. Finally, Millennium Management LLC purchased a new stake in shares of Gloo in the 4th quarter valued at $402,000.
Analysts Set New Price Targets
GLOO has been the topic of several research reports. Weiss Ratings assumed coverage on shares of Gloo in a research report on Thursday, February 12th. They issued a "sell (e-)" rating on the stock. Wall Street Zen raised shares of Gloo from a "sell" rating to a "hold" rating in a report on Saturday, February 21st. Finally, Roth Mkm reaffirmed a "buy" rating on shares of Gloo in a report on Thursday, January 29th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $17.00.
View Our Latest Stock Report on GLOO
Key Gloo News
Here are the key news stories impacting Gloo this week:
Gloo Company Profile
(
Get Free Report)
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].