Thrivent Financial Sells Two Separate Blocks of Gloo Stock in One Week

Thrivent Financial sold Gloo shares on two separate days in July, trimming its stake by at least 33,000 shares total.

Thrivent Financial, a major shareholder in Gloo Holdings (NASDAQ: GLOO), made two separate stock sales within days of each other in early July 2025. On Wednesday, July 8th, Thrivent sold 13,000 shares at an average price of $3.98 per share, generating approximately $51,740. Two days later, on Friday, July 10th, the firm sold an additional 20,000 shares at a lower average price of $2.98, for a total of $59,600. The back-to-back transactions reduced Thrivent's holdings noticeably. After the July 8th sale, it held approximately 4,605,000 shares; after the July 10th sale, it held around 4,460,000 shares — a difference consistent with the second transaction. The drop in per-share price between the two sales, from $3.98 to $2.98, represents a roughly 25% decline over just two trading days. Gloo Holdings is a technology platform company listed on the Nasdaq. Thrivent Financial, formally registered in these filings as 'Financial For Luthera Thrivent,' qualifies as a major shareholder, meaning its trades are subject to regulatory disclosure requirements. The combined sales totaled approximately $111,340 in proceeds.

Why it matters

Large shareholder sell-offs can signal shifts in institutional confidence and may influence retail investor sentiment in a relatively small-cap stock like Gloo. The notable price drop between the two transactions in the same week adds context for investors monitoring the stock.

What's next

Investors and analysts will likely watch whether Thrivent continues to reduce its position in subsequent filings.

Key facts

• July 8th sale: 13,000 shares at $3.98/share, totaling $51,740
• July 10th sale: 20,000 shares at $2.98/share, totaling $59,600
• Combined proceeds from both sales: approximately $111,340
• Thrivent held roughly 4,460,000 shares after the second sale
• The per-share price fell approximately 25% between the two transactions
• Gloo Holdings trades on the Nasdaq under the ticker symbol GLOO

Bias & framing notes

The two sources report different transactions — different dates, share counts, prices, and post-sale holdings — yet use nearly identical headline structures, which is potentially confusing. Neither source clearly signals that these are two separate events rather than conflicting accounts of one event; readers must infer this from the differing dates and remaining share counts. No editorial slant was detected, but the templated, near-identical framing across both outlets suggests automated or wire-service-style content rather than original reporting.

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