Insider Sale by Thrivent Financial

Thrivent Financial for Lutherans, holding a 10% stake in Gloo Holdings, Inc. (NASDAQ:GLOO), disclosed the sale of a total of 27,600 shares of Gloo’s Class A common stock in two separate transactions occurring in late July and early August 2026. The first transaction on July 30, 2026 involved the disposal of 6,600 shares at an average price of $3.1402 per share, with individual trade prices ranging between $3.10 and $3.165. Following this sale, Thrivent’s beneficial ownership fell to 4,237,000 shares. The second transaction on August 3, 2026 comprised the sale of 21,000 shares at an average price of $3.4601 per share, with trade prices between $3.30 and $3.585. After the August sale, Thrivent directly held 4,196,000 shares of Gloo Class A stock. The combined proceeds from both sales amounted to approximately $93,387.

Gloo Holdings Stock Performance and Analyst Views

At the time of reporting, Gloo’s share price was $3.48, reflecting a 56.5% decline over the preceding twelve months. Despite the decline, InvestingPro’s analysis indicated that the stock appeared undervalued relative to its fair value, placing it among the most undervalued companies in their ranking. Citizens initiated coverage of Gloo Holdings with an Outperform rating and set a price target of $8.00, citing the depth of experience of Gloo’s management team and the company’s large total addressable market. Analyst Andrew Boone of Citizens highlighted the rarity of seasoned executives leading a micro‑cap firm.

Recent Capital Raising by Gloo Holdings

Gloo Holdings completed a public offering of 7 million shares of Class A common stock at a price of $3.25 per share, generating gross proceeds of $22.75 million before fees and expenses. The underwriting agreement includes a 30‑day option for the underwriters to purchase an additional 1.05 million shares at the same price, which could raise total gross proceeds to approximately $26.16 million.

Additional Information

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