Thrivent Financial sells $21,600 in Gloo Holdings stock

Thrivent Financial, a stakeholder in Gloo Holdings, sold a total of 7,000 shares of the company's Class A Common Stock in early September 2026. The sales totaled around $21,600, with prices fluctuating between $3.0646 and $3.1213 per share. The sales were spread across four transactions: 500 shares on September 2nd at prices between $3.06 and $3.13, 1,000 shares on September 3rd at prices between $3.06 and $3.16, and 5,500 shares on September 4th at prices between $3.07 and $3.095.

After these sales, Thrivent Financial owned approximately 4,104,000 shares of Gloo Holdings. The sales occurred as GLOO stock was trading near its 52-week low of $2.94, down over 9% in the past week. Despite this, analysts consider the stock undervalued, with a Fair Value suggesting potential upside. Gloo Holdings recently completed a public offering of 7 million Class A shares at $3.25 per share, raising gross proceeds of $22.75 million, which could rise to $26.16 million with additional underwriter participation.

Gloo also received a Market Outperform rating with a price target of $8.00 from Citizens, praising the company's experienced management and large market.