Thrivent Financial for Lutherans, a significant shareholder in Gloo Holdings, Inc. (GLOO), reported selling a total of 190,000 shares of Class A Common Stock across three separate transactions between July 13 and July 15, 2026. The aggregate value of these sales amounted to $634,838. The insider sales come as GLOO stock trades at $3.36, down 58% over the past year, though InvestingPro analysis suggests the stock remains undervalued at current levels based on its Fair Value assessment.
On July 13, Thrivent Financial disposed of 119,000 shares at an average price of $3.2665 per share. These shares were sold in multiple transactions, with prices ranging from $3.050 to $3.430. Following this transaction, Thrivent Financial directly held 4,341,000 shares.
The following day, July 14, an additional 62,000 shares were sold at an average price of $3.4768 per share. The individual sale prices for these shares varied between $3.330 and $3.620. This reduced Thrivent Financial’s direct holdings to 4,279,000 shares.
The final reported sale occurred on July 15, involving 9,000 shares at an average price of $3.3959 per share. These shares were sold within a price range of $3.355 to $3.620. After this transaction, Thrivent Financial for Lutherans directly held 4,270,000 shares of Gloo Holdings, Inc. Class A Common Stock. For deeper insights into GLOO’s financial health and comprehensive analysis, investors can access the full Pro Research Report, available for this and 1,400+ other US equities on InvestingPro.
In other recent news, Gloo Holdings, Inc. completed a public offering of 7 million shares of Class A common stock, raising gross proceeds of $22.75 million before fees and expenses. The shares were priced at $3.25 each, and the company has granted underwriters a 30-day option to purchase up to an additional 1.05 million shares at the same price, potentially increasing total gross proceeds to approximately $26.16 million. The underwritten offering was managed by Citizens Capital Markets and Roth Capital Partners. This development follows the company’s earlier filing of a registration statement with the Securities and Exchange Commission for the public offering. The announcement of the share offering initially led to a decline in Gloo Holdings’ stock price. However, the company successfully closed the offering, as confirmed by a press release. These recent developments are significant as they impact the company’s capital structure and market perception.
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