{
  "id": 921026,
  "title": "Thrivent Financial sells $48,607 of Gloo Holdings stock",
  "url": "https://urgent.news/2026/08/15/thrivent-financial-sells-48-607-of-gloo-holdings-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-15T00:15:57.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/thrivent-financial-sells-48607-of-gloo-holdings-stock-93CH-4861651"
  },
  "original_language": "en",
  "account": "Thrivent Financial for Lutherans sold shares of Gloo Holdings Inc. (GLOO) totaling $48,607, ranging from August 12 to August 14, 2026. The company, a 10% owner and director of GLOO, disposed of 14,000 shares in three separate transactions. On August 12, 4,800 shares were sold; on August 13, 3,200 shares followed; and on August 14, 6,000 shares were divested. Post-transactions, Thrivent Financial retains 4,139,000 shares of GLOO Class A Common Stock. Gloo shares currently trade at $3.48, reflecting a 56.5% decline over the past year and nearing a 52-week low of $2.94. Analysts at InvestingPro deem the stock undervalued at $4.79, noting strong revenue growth of 310%. However, GLOO remains unprofitable with a negative EBITDA of $99.57 million. Gloo Holdings recently completed a public offering raising $22.75 million through the sale of 7 million shares at $3.25 each. The company also allowed underwriters to purchase an additional 1.05 million shares, potentially boosting total gross proceeds to $26.16 million. Citizens has rated Gloo Holdings with a Market Outperform designation and a price target of $8.00, citing the company’s experienced management team and substantial total addressable market. Analyst Andrew Boone of Citizens emphasized the rarity of such seasoned executives in a microcap company.",
  "summary": null,
  "key_points": [
    "Thrivent Financial sold $48,607 of Gloo Holdings stock between August 12-14, 2026.",
    "The company disposed of 14,000 shares in three separate transactions.",
    "Gloo shares currently trade at $3.48, down 56.5% year-over-year."
  ],
  "editors_take": "Thrivent Financial's sale of Gloo Holdings stock reduces its stake, while the company's financials show a mixed picture of strong revenue growth and unprofitability, with varying analyst outlooks.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Q2 Holdings CFO Jonathan Price sells $5.07m in company stock",
        "url": "https://urgent.news/2026/08/15/q2-holdings-cfo-jonathan-price-sells-5-07m-in-company-stock",
        "published": "2026-08-15T01:45:52.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}