It doesn't really mean much that no insider has traded Zoetis shares in the last quarter. Our analysis of Zoetis insider transactions leaves us cautious. But it's good to see that insiders own shares in the company. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. In terms of investment risks, we've identified 1 warning sign with Zoetis and understanding it should be part of your investment process.