Director Derek Todd Green buys 615,384 shares of GLOO at $3.25 despite stock -70.4% from 52-week high; pre-trade history shows 0% win rate on buys.
Derek Todd Green, a Director, purchased 615,384 shares at $3.25 on 2026-07-10 for a total value of $1,999,998.00, growing his holdings by 246.2% from 250,000 to 865,384 shares. The purchase occurred after the stock had declined 70.4% from its 52-week high of $9.98 and is down 37.1% over the prior 30 days and 42.8% over 90 days. Notably, Green's cross-ticker track record shows 1 prior buy with an average 90-day return of -32.8% and a 0% win rate, while his prior GLOO purchase on 2025-11-20 also experienced a -32.8% 90-day return. The company remains unprofitable with a net income of $-16,824,000.00 on revenue of $41,530,000.00 in its latest quarter, though revenue grew 307.7% year-over-year, warranting close attention to whether this purchase precedes further deterioration or marks a genuine opportunity inflection.