Steven J. Bilodeau, Chairman, CEO & President at STANDARD MICROSYSTEMS CORP (SMSC), sold 31,250 shares at $39.40 ($1.2M) on 2007-09-26, disclosed to the SEC on 2007-09-28.
Scheduled sale ($1.2M) by Chairman, CEO & President under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
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