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Chevron Attracts $1.47 Million Investment from J.Safra Asset Management Corp

Guavy AI Editorial Team
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CVX
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J.Safra Asset Management Corp has invested $1.47 million in Chevron Corporation (NYSE:CVX) by purchasing 8,877 shares during the second quarter.

This is not an isolated instance; several other large investors also bought into Chevron's stock in the same period, including Flputnam Investment Management Co., Global Retirement Partners LLC, and 1ST Source Bank.

The recent investments may be a reflection of Chevron's strong quarterly earnings, which beat analyst estimates with $6.06 per share. The company's revenue also saw a significant increase of 57.4% compared to the same period last year.

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