Thrivent Financial for Lutherans sold 8,479 shares of Gloo Holdings Class A common stock for $29,183 between Aug. 20-24, 2026, according to regulatory filings.
The transactions occurred at share prices ranging from $3.38 to $3.53, with 6,000 shares sold on Aug. 20, 20,000 shares on Aug. 21 and 479 shares on Aug. 24. Following the disposals, Thrivent holds 4,122,521 shares of Gloo Holdings, based on the latest available data.
Gloo Holdings’ stock closed at $3.33 on the day referenced, down 3.2% or $0.11. The shares have declined 58% over the past year and are trading 67% below their 52-week high of $9.98, according to InvestingPro. The firm was also named among the most undervalued companies in InvestingPro’s latest analysis.
Gloo Holdings completed a public offering in 2025, issuing 7 million Class A shares at $3.25 each, raising approximately $22.75 million before fees. Underwriters retained a 30-day option to purchase an additional 1.05 million shares, which could have increased gross proceeds to about $26.16 million.
Citizens initiated coverage on Gloo Holdings with a Market Outperform rating and a price target of $8.00, citing the company’s experienced management and a large total addressable market.
