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SMC Corp. Chairman and CEO Mathew Perlot sold 121,800 shares of SMC stock at $4 and $4.25 a share on April 25, according to the insiderSCORES.com news service.

During March, Perlot also sold 45,000 shares of SMC stock at $4.25 a share.

However, Perlot continues to own more than 3 million shares of SMC stock.