Insider Selling: Gloo (NASDAQ:GLOO) Major Shareholder Sells $29,250.00 in Stock

September 11, 2026 by InsiderTrades.com

Key Points

Financial For Luthera Thrivent sold 10,000 Gloo shares at an average price of $3.20, worth $32,000. The shareholder has made several recent sales but still owns approximately 4.094 million shares.
Gloo reported quarterly revenue of $46.57 million but posted a $0.25-per-share loss, missing the expected $0.11 loss. The stock opened at $3.01 and remains near its 52-week low of $2.90.
Analyst sentiment remains broadly positive, with five Buy ratings and one Sell rating producing a “Moderate Buy” consensus and an average price target of $12.00.

Gloo Holdings (NASDAQ:GLOO - Get Free Report) major shareholder Financial For Luthera Thrivent sold 9,000 shares of the stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $3.25, for a total value of $29,250.00. Following the transaction, the insider directly owned 4,085,000 shares in the company, valued at approximately $13,276,250. This represents a 0.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Major shareholders that own 10% or more of a company's shares are required to disclose their sales and purchases 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 stock was 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 transaction of $3,060.00.
On Wednesday, September 2nd, Financial For Luthera Thrivent sold 500 shares of Gloo stock. The shares were 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 stock was 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 stock was 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 shares were 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%

GLOO stock opened at $3.01 on Friday. The stock has a market capitalization of $247.15 million and a price-to-earnings ratio of -0.41. The company has a 50-day moving average of $3.34 and a two-hundred day moving average of $4.85. Gloo Holdings has a 52-week low of $2.90 and a 52-week high of $9.98. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.94 and a quick ratio of 0.91.

Gloo (NASDAQ:GLOO - Get Free Report) last posted its quarterly earnings data on Wednesday, September 9th. The company reported ($0.25) EPS for the quarter, missing analysts' consensus estimates of ($0.11) by ($0.14). The firm had revenue of $46.57 million during the quarter. As a group, equities research analysts anticipate that Gloo Holdings will post -0.28 EPS for the current year.

Institutional Trading of Gloo

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC raised its position in Gloo by 263.4% in the first quarter. EverSource Wealth Advisors LLC now owns 5,513 shares of the company's stock worth $27,000 after purchasing an additional 3,996 shares in the last quarter. Waverly Advisors LLC acquired a new stake in Gloo during the first quarter valued at approximately $1,202,000. 1492 Capital Management LLC grew its stake in shares of Gloo by 5.5% in the 1st quarter. 1492 Capital Management LLC now owns 301,706 shares of the company's stock valued at $1,451,000 after purchasing an additional 15,824 shares during the period. Cornerstone Management Inc. bought a new stake in shares of Gloo in the 1st quarter valued at approximately $601,000. Finally, Beacon Pointe Advisors LLC acquired a new position in shares of Gloo in the 4th quarter worth approximately $142,000.

Trending Headlines about Gloo

Here are the key news stories impacting Gloo this week:

Positive Sentiment: Management forecast fiscal 2026 revenue of approximately $200 million, above the $186 million consensus estimate, and third-quarter revenue of about $55 million, versus expectations of $44.1 million. Gloo also expects to reach adjusted EBITDA profitability in the fourth quarter, providing a potential catalyst for the stock. Gloo revenue outlook
Positive Sentiment: Second-quarter revenue reached $46.57 million, representing reported year-over-year growth of 188% and signaling continued demand for Gloo’s applied-AI and faith-focused technology platform. Gloo second-quarter revenue growth
Positive Sentiment: Citizens JMP reaffirmed a Market Outperform rating and an $8 price target, implying substantial potential upside from recent levels. However, analyst targets are projections rather than guarantees.
Neutral Sentiment: Reported short interest was zero shares, suggesting little measurable short-selling pressure and no meaningful short-squeeze catalyst.
Negative Sentiment: Gloo reported a quarterly loss of $0.25 per share, wider than the expected $0.11 loss. The earnings miss highlights continued profitability risk even as revenue and forward guidance improve. Gloo quarterly earnings results
Negative Sentiment: Major shareholder Financial For Luthera Thrivent sold a combined 29,000 shares from September 8 through September 10 for approximately $91,550. The sales reduced its position by less than 1%, making the signal modest, but repeated insider selling may weigh on sentiment.

Analyst Upgrades and Downgrades

GLOO has been the subject of a number of research analyst reports. Wall Street Zen upgraded Gloo from a "sell" rating to a "hold" rating in a report on Saturday, September 5th. Benchmark raised their price objective 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. Weiss Ratings raised shares of Gloo from a "sell (e)" rating to a "sell (d-)" rating in a research report on Wednesday, August 12th. Citigroup assumed coverage on shares of Gloo in a research note on Monday, July 20th. They set an "outperform" rating for the company. Finally, Citizens Jmp reissued a "market outperform" rating and issued a $8.00 price target on shares of Gloo in a report on Thursday. Five investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $12.00.

Read Our Latest Report on Gloo

About Gloo

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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.