Gloo holdings 10% owner Thrivent Financial sells $28,254 in shares By Investing.com
Thrivent Financial for Lutherans, a 10% owner and director of Gloo Holdings, Inc. (), recently sold shares of the company’s Class A Common Stock totaling $28,254. The transactions occurred over two days in late July 2026, with prices ranging from $3.3635 to $3.37 per share.
On July 21, 2026, Thrivent Financial disposed of 8,300 shares of Class A Common Stock. These shares were sold at an average price of $3.3635, though individual transaction prices for this block ranged from $3.30 to $3.405. The following day, July 22, 2026, an additional 100 shares of Class A Common Stock were sold at a price of $3.37 per share.
Following these sales, Thrivent Financial for Lutherans beneficially owns 4,244,600 shares of Gloo Holdings Class A Common Stock directly.The insider sale comes as GLOO trades at $3.16, below the transaction prices and down 60% over the past year. According to InvestingPro analysis, the stock currently appears undervalued with a Fair Value of $4.53, placing it among potential opportunities on the Most Undervalued stocks list. The platform offers 11 additional ProTips for GLOO, along with comprehensive financial health metrics for investors seeking deeper insights.
In other recent news, Gloo Holdings completed a public offering of 7 million shares of Class A common stock, generating gross proceeds of $22.75 million before fees and expenses. The shares were sold at $3.25 each, with underwriters given a 30-day option to purchase up to an additional 1.05 million shares, potentially increasing total gross proceeds to approximately $26.16 million. This offering was part of Gloo’s strategy to raise capital, as announced in a press release. Meanwhile, Citizens initiated coverage on Gloo Holdings with a Market Outperform rating and set a price target of $8.00. The firm highlighted Gloo’s experienced management team and large total addressable market as key factors for the rating. Analyst Andrew Boone from Citizens emphasized the rarity of having seasoned executives in a microcap company like Gloo. These developments reflect significant financial and strategic moves by Gloo Holdings in the market.
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